Question

At this appliance store, the monthly sales were $52,000 in May and $65,000 in June. What is the percent increase in sales from May to June?

Answer 1

The percent increase in sales from May to June is 25%, calculated by taking the difference in sales, dividing by May sales, and multiplying by 100.

Step-by-step explanation:

To calculate the percent increase in sales from May to June, first find the difference between the sales for the two months and then divide it by the initial amount (the May sales), finally multiplying by 100 to get the percentage. Here is the step-by-step calculation:

1. Calculate the difference in sales: $65,000 - $52,000 = $13,000.
2. Divide this increase by the May sales: $13,000 / $52,000 = 0.25.
3. Multiply by 100 to convert to a percentage: 0.25 x 100 = 25%.

Thus, the percent increase in sales from May to June is 25%.