Question

Sales increased by only 12% last month. If the sales from the previous month were $152,850, what were last months sales

Answer 1

`\$171,192`

Explanation:

Remember that

`100\%+12\%=112\%=112/100=1.12`

we know that

The sales from the previous month were $152,850

This amount represent the 100%

so

Find out what were last months sales, multiply the sales from the previous month by the factor 1.12

`\$152,850(1.12)=\$171,192`