Question

Juan manages an appliance store. in july, sales were $181,800. in august, sales were $131,805. what was the rate of change? that is, what was the percent increase or percent decrease?

Answer 1

The rate of change in sales at Juan's appliance store from July to August is a 27.5% decrease. This is found by dividing the change in sales by the July sales and then multiplying by 100.

Step-by-step explanation:

To calculate the rate of change, also known as the percentage decrease, for the sales between July and August at Juan's appliance store, we follow this process:

• Change in quantity: Subtract the August sales from the July sales. $181,800 - $131,805 = $49,995
• Original quantity: The July sales, which are $181,800
• Divide the change in quantity by the original quantity: $49,995 / $181,800
• Multiply the result by 100 to get the percentage: ($49,995 / $181,800) × 100

Doing the calculation, the rate of change is:

$49,995 / $181,800 = 0.275 or 27.5%, meaning there was a 27.5% decrease in sales from July to August