Answered

IDNLearn.com provides a collaborative environment for finding and sharing answers. Ask your questions and get detailed, reliable answers from our community of experienced experts.

A company's sales increased 20% this year, to $6740. What were their sales last year?

Sagot :

MrRoyalidn

The sales last year of the company is 5617

How to determine the sales last year?

The given parameters are:

Company sales = 6740

Percentage increase = 20%

The sales of the company last year (x) to date is calculated as:

Company sales = (1 + Proportion) * Last year sales

Substitute the known values in the above equation

6740 = (1 + 20%) * x

Evaluate the sum

6740 = 1.2 * x

Divide both sides by 1.2

x = 5617

Hence, the sales last year is 5617

Read more about percentages at:

https://brainly.com/question/843074

#SPJ1

Thank you for contributing to our discussion. Don't forget to check back for new answers. Keep asking, answering, and sharing useful information. IDNLearn.com is your source for precise answers. Thank you for visiting, and we look forward to helping you again soon.