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Lubov Fominskaja [6]
2 years ago
13

A sales manager sets sales goals for each of his employees. The manager increases the goals of his salespeople by 5% each month.

If Maria’s sales goal was initially 95 units for the month, what is her sales goal after 6 months?
Mathematics
1 answer:
Stolb23 [73]2 years ago
3 0

Answer:

Her sales after 6 months are = 127units

Step-by-step explanation:

Percentage increase:- The degree to which a value increases expressed in percent form is known as percentage increase.

formula for % increase = (final value - initial value)/initial value(100)

Here in the question,

percentage increase after every month is = 5%

initial value  =  95 units

therefore by applying above formula :-

[(x-95)/95]×100 = 5          [where x is the value of her sales goals after 1 month]

x = (5/100)×95+ 95

x = 99.75

Now this x will be the initial value for the next month

x₂ = (5/100)99.75+ 99.75             [ x₂ = sales goal after 2 months]

x₂ = (5/100)×99.75+ 99.75

x₂ = 104.73

similarly,

(x₃-104.73/104.73)100 = 5       [x₃ = sales after 3 months]

x₃ = 109.96

similarly for 4th month,

(x₄ -109.96/109.96)100 = 5       [x₄ = sales after 4 months]

x₄ = 115.45

for 5th month,

(x₅ -115.45/115.45)100 = 5       [x₅ = sales after 5 months]

x₅ = 121.22

finally for the 6th month

(x₆-121.22/121.22)100 = 5        [x₆ = sales after 6 months]

x₆ = 127.28

therefore,

her sales after 6 months are = 127.28 units or 127 units by rounding off

learn more on percentage increase at :

brainly.com/question/14163915

#SPJ10

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