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An article reports "sales have grown by 30% this year, to $200 million." What were sales before the growth? An article reports "sales have grown by 30% this year, to $200 million." What were sales before the growth?

Respuesta :

adioabiola

The amount of sales before growth according to the article is $153.85 million

How to find sales before growth?

let

  • Sales before growth = x
  • Percentage growth = 30%
  • New sales = $200 million

200 = x + (30% × x)

200 = x + (0.3 × x)

200 = x + 0.3x

200 = 1.3x

x = 200/1.3

x = 153.846153846153

Approximately,

x = $153.85 million

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