Question

Question 1 of 10: a drugstore is promoting candy sales for one month. a budget of $300 was allocated to this promotion based on 5% of net candy sales during the same period last year. what were the net sales that led to the $300 budget?

a.$6,000
b.$5,500
c.$7,000
d.$6,500

Answer 1

A) 6,000
300/0.05=6,000

Answer 2

ANSWER: OPTION A : $6,000

EXPLANATION: By the simple calculation we can see that 5% of $6000 is $300. Had it been the other options, the budget would have differed from the allocation.

If the sales was option B which is $5500, the budget would have gone down to $275.

If the sales was option C which is $7000, the budget would have increased to $350.

If the sales was option D which is $6500, the budget would have increased to $325.