Question

If your total sales were $4,700 dollars and you had 38 transactions, your average sale is?

1) 123.68 dollars
2) 124.21 dollars
3) 124.32 dollars
4) 125.00 dollars

Answer 1

The average sale, calculated by dividing the total sales of $4,700 by 38 transactions, is $123.68. This is rounded to the nearest cent from $123.6842...

Step-by-step explanation:

To find the average sale amount when given the total sales and the number of transactions, you divide the total sales by the number of transactions.

In this case, if the total sales were $4,700, and there were 38 transactions, the average sale would be:

Average Sale = Total Sales ÷ Number of Transactions

Average Sale = $4,700 ÷ 38

Average Sale = $123.6842...

When rounded to the nearest cent, the average sale would be $123.68. Therefore, the answer is option 1) $123.68.