Question

A used car dealer has the following information for two months of sales:Month 1: 239 cars soldMonth 2: 324 cars soldWhat is the percent of increase/decrease ? Round to the nearest percent.

Answer 1

36%

Step-by-step explanation:

The information for two months of sales is:

• Month 1: 239 cars sold

,

• Month 2: 324 cars sold

We can classify the given information as:

• Initial: 239 cars sold

• Final: 324 cars sold

When the initial value is less than the final value, you have a percentage increase.

Therefore:

`\begin{gathered} \text{Percentage Increase =}\frac{\text{Final Value -Initial Value}}{\text{Initial Value}}*100 \\ =\frac{\text{3}24-239}{\text{2}39}*100 \\ =(85)/(239)*100 \\ =36\%\text{ (to the nearest percent)} \end{gathered}`

The percentage increase is 36% to the nearest percent.