Question

16. An article reports that "sales have grown by 12.24% this year, to $165 million." What were sales before the growth? Give your answer as a whole number. million

Answer 1

147 million.

Explanation:

Let x be the number of sales before growth.

The new number will be x + 0.1224x:

`\begin{gathered} x+0.1224x=165 \\ 1.1224x=165 \\ x=(165)/(1.1224) \\ x=147 \end{gathered}`

Answer: The number of sales was 147 million.