Question

The sales revenue for a certain store was $100,000 in May. The breakdown of the sales is graphed in the image below By which of the following amounts does the sales from the Other category need to increase in order to equal the current average revenue of al four categories ? Sales Legend 16% Other 33% Food ee 14 15 House & Office 27% Food 13 House & Office 27% Beverage End Test and Submit Responses Select the single best answer: A. 57.000 B. $8,000 C. $9,000 D. $10,000 E $11,000

Answer 1

The sales from the Other category need to increase by $9,000 to match the current average revenue of all four categories.

Step-by-step explanation:

The student is asking how much the sales from the Other category need to increase to equal the current average revenue of all four categories. Given that the total sales revenue for the store was $100,000 in May, we have the following breakdown:

• Food: 33%
• Beverage: 27%
• House & Office: 14%
• Other: 16%

To find the average revenue of all four categories, we would divide the total sales revenue by the number of categories:

Average revenue = Total sales revenue / Number of categories

Average revenue = $100,000 / 4

Average revenue = $25,000

The current revenue from the Other category is 16% of the total sales:

Other category revenue = Total sales revenue x Other category percentage

Other category revenue = $100,000 x 0.16

Other category revenue = $16,000

Now, we need to calculate the increase needed for the Other category to reach the average revenue:

Required increase = Average revenue - Other category revenue

Required increase = $25,000 - $16,000

Required increase = $9,000

Therefore, the sales from the Other category need to increase by $9,000 to equal the current average revenue of all four categories.

Answer 2

The sales from the Other category need to increase by $9,000 to equal the current average revenue of all four categories.

Step-by-step explanation:

The current average revenue of all four categories can be found by dividing the total revenue ($100,000) by the number of categories (4) which is $25,000. To determine the amount by which the sales from the Other category need to increase in order to equal the current average revenue, we subtract the current sales revenue from the Other category, which is 16% of $100,000, or $16,000, from the average revenue of $25,000.

So, $25,000 - $16,000 = $9,000. Therefore, the sales from the Other category need to increase by $9,000 to equal the current average revenue of all four categories.