A local grocer cut his marketing budget by 38% last year. He spent only $650 on marketing this year and is happy with his decision. How much did the grocer spend on marketing last year?

Question

Mathematics

Alec Peck

18 May, 17:52

A local grocer cut his marketing budget by 38% last year. He spent only $650 on marketing this year and is happy with his decision. How much did the grocer spend on marketing last year?

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Answers (1)

Know the Answer?

Ty Palmer · Answer 1

the amount the grocer spend on marketing last year = $ 1048.38

Step-by-step explanation:

To find the budget we will subtract the current marketing budget number from 100

As 38% = 0.38

i. e, 100 - 0.38 = 0.62

Now divide the previous year budget amount percentage found by the amount spent this year

=650 / 0.62

= 1048.38