nathancantu28 nathancantu28

07-02-2020
Business

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Adam projects first-year sales for his new store at $250,000. He estimates that second-year sales will be 7 percent more than first-year sales. If he is
correct, what will be the total amount of sales in the second year?!

Respuesta :

Samawati Samawati

08-02-2020

Answer:

$267,500

Explanation:

First-year sales are $250,000

Second-year sales will increase by 7 percent.

The first-year sales were 100%, second-year sales should be 107%

The first-year sale was $250,00; second-year sale will be 107% of $250,00

= 107/100 x 250,00

=1.07 x $250,000

=$267,500

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