Question

Please help me I’m really not understanding this my answer was completely wrong

Answer 1

Step 1:

In this question, we are given the following:

Step 2:

From the table, we can see that:

Gross profit for Q 1 = 85 x 1000= 85,000

Gross profit for Q 2= 94 x 1000 = 94, 000

Hence the increase in Gross profit = 94,000 - 85,000 = 9000

Then,

`\begin{gathered} \text{Percentage change = }(9000)/(85000)\text{ x 100} \\ =(900000)/(85000) \\ =\text{ 10}.58823529 \\ \approx\text{ 10. 6 \% ( to the nearest tenth )} \end{gathered}`

CONCLUSION:

The percent change = 10. 6 % ( to the nearest tenth)