Question

Jefferson Middle School needs to see a 300% gain in PTO fundraiser

sales from last year. If they sold a total of $2,420 last year, how much do
they need to sell this year to meet their goal? *

Answer 1

Given parameters:

Percentage gain = 300%

Selling cost last year = $2420

Unknown:

Selling cost this year = ?

Solution:

To solve this problem;

Profit percent =
`(Selling cost this year - Selling cost last year)/(Selling cost last year) x 100`

300 =
`(S - 2420)/(2420) x 100`

3 =
`(S - 2420)/(2420)`

S- 2420 = 7260

S = $9680

To make a 300% gain, Jefferson Middle school needs a $9680 from fundraiser sales this year.