Problema Solution
If sales are $1,104,000 in 2013 and this represents a 15% increase over sales in 2012,what were the sales for 2012?
Answer provided by our tutors
since the current sales is 1104,000
for 201=(1104,000)/(1+x)
where x is the increase
y represent the sales for 2012
y= (1104000)/(1+.15)
y= 960,000