can someone please help me i need the sales analysis for covergirl. please help it's due in 30 minutes
1 answer:
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Answer:
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Explanation:
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Answer:
The price decreased in a 29%
Explanation:
For solving this problem we need to use a rule of three so imagine that the regular price ($75.99) represent a 100% because it is the total and represents the case for our calculations. Now we need to calculate which percentage does $53.99 represent for this we do a rule of three.
$75.99 --> 100%
$53.99 --> X (percentage that the new sell represents)
For solving this rule we have:
= 71%
This is the percentage that the new price represent, so to calculate the percentage decrease we should substract the total (100%) from the percentage the new price represent (71%) then we have:
Percentage decrease = 100% - 71% = 29%