Question

Shoe sales for a certain company or $25.9 billion sales are expected to increase by about 20% in the next year. Find the projected amount of shoe sales next year.

Answer 1

To find the projected amount of shoe sales next year, we need to calculate the increase of 20% from the current sales of $25.9 billion.

1. First, we calculate 20% of $25.9 billion by multiplying $25.9 billion by 0.20.

$25.9 billion * 0.20 = $5.18 billion

2. Next, we add the calculated increase to the current sales to find the projected amount of shoe sales next year.

$25.9 billion + $5.18 billion = $31.08 billion

Therefore, the projected amount of shoe sales next year is $31.08 billion.

Explanation: