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Last year Gaston Company had sales of $450,450. This year sales are up 76%. What were the sales this year?

User Joo Park
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1 Answer

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Final answer:

To calculate this year's sales for the Gaston Company after a 76% increase, multiply last year's sales of $450,450 by 0.76 to find the increase of $342,342, and then add it to the original sales to get a total of $792,792 in sales this year.

Step-by-step explanation:

To find Gaston Company's sales this year after an increase of 76%, we first calculate the amount of increase on last year's sales and then add it to last year's sales figure. Last year's sales were $450,450.

The increase can be calculated as follows:

Increase = Original Amount × Percentage Increase

Increase = $450,450 × 0.76

Increase = $342,342

Now, we add this increase to the original sales figure to get this year's sales:

This Year's Sales = Last Year's Sales + Increase

This Year's Sales = $450,450 + $342,342

This Year's Sales = $792,792

Therefore, the sales for Gaston Company this year are $792,792.

User Timothy C
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