Suppose a country has government expenditures of $3,500, taxes of $2,200, consumption of $9,000, exports of $2,500, imports of $
1 answer:
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Answer:
22.22%
Explanation:
The calculation of percentage in sales is shown below:-
Increase in profit required = $25,000 - $15,000
= $10,000
To achieve a profit $10,000, the required sales increases
= $10000 ÷ 18%
= $55,555.55
Percentage increase in sale = Required sales ÷ Sales of current situation
= $55,555.55 ÷ $250,000
= 22.22%
So, for computing the percentage increase in sales we simply applied the above formula.
