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?
1 answer:
The amount of sales before growth according to the article is $153.85 million
<h3>How to find sales before growth?</h3>
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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