Question

The sales of a particular brand of children’s athletic shoes rose from $4,600,000 to $5,300,000. Find the percent of increase in sales. Round to the nearest tenth of a percent if necessary.

Answer 1

Lets get started :)

To find the percentage increase:
increase = new price - original price
= 5300000 - 4600000
= 700000

% Increase =
`(increase)/(original price)` x 100
=
`(700000)/(4600000)` x 100
=
`15 (5)/(23) % = (350)/(23)` %
≈ 15.2 % (to nearest tenth)

Answer 2

increase in sales = $5,300,000 - $4,600,000 = $700 000

percentage increase = 700 000/4 600 000 * 100 = 15.2%