Question

1. The growth company increases its sales by 50% in 2014 to a level of &200,000. What were they to begin with?

2. Put .33 in parentage form. Put .3 in percentage form. Put .33 in parentage form.

3. A company sales decrease by 30% in a year one, then increase by 20% in year 2 and 30% in year 3. If the sales to begin with were $100,000 how much were they at the end of year 3?

4. A form’s sales increase by 100% to 50,000. How much were they to begin with?

5. 40% of green frogs have stripes and 20% of stripes have a red spot on their chin and 5% of all frogs with a red spot on their chin have high lQ’s. Assuming that only green frogs have stripes and only striped frogs have red spot on their chin, and only frogs with spots on their chins have high IQs, if I have 1,000 green frogs how many of them have height IQs given the probabilities?

Answer 1

Question 1). Answer :- Growth company begin with sales of $ 133333.33 (approx) in Year 2013.

Explanation :- Sales of Growth company in Year 2013 = 200000 / (1 + 0.50)

= 200000 / 1.50

= $ 133333.33 (approx).

Question 2). Solution :-

Sales at end of Year 1 = 100000 - 30 % of 100000 = $ 70000.

Sales at end of Year 2 = 70000 + 20 % of 70000 = $ 84000.

Sales at end of Year 3 = 84000 + 30 % of 84000 = $ 109200.

Conclusion :- Sales at the end of Year 3 = $ 109200.

Question 3). Answer :- A form company will begin with sales of $ 25000 in Year 2013.

Explanation :- Sales in beginning for A form company = 50000 / (1 + 100 / 100)

= 50000 / (1 + 1)   

= 50000 / 2

= $ 25000.

Note :- 100 % can be written as 1 (100 / 100).