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21 June, 21:10

At a recent company meeting, Geraldine Erwin, sales manager of Dastoria, a flavored-beverage producer announced, "We have increased our sales by 8 percent in just six months." Suppose six months ago, its sales amounted to $452,000, what is the value of its sales today

A, $36,160

B, $415,840

C, $488,160

D, $565,000

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  1. 21 June, 22:58
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    C, $488,160

    Explanation:

    For computing today sale we have to add the increased percentage to the sales value which is six months ago.

    The computation of the value of the sales in the today date is shown below:

    = (Six month ago sales) + (Increased percentage * Six month ago sales)

    = $452,000 + (8% + $452,000)

    = $452,000 + $36,160

    = $488,160
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