Question

The net sales for a store are $18,600,000. Missy denim sales are 3.6% of the store’s sales. Junior denim department sales are $421,300. Calculate the net sales dollars for missy denim and the junior denim sales percentage to total store sales.

Answer 1

- Net sales of Store = $18,600,000

Missy denim sales are 3.6% of the store’s sales

i). Net sales in dollar of Miss denim =  (Net sales of Store)*(% of Missy denim sales in store’s sales)

Net sales in dollar of Miss denim = $18,600,000*3.6%

Net sales in dollar of Miss denim = $669,600

ii). Junior denim department sales are $421,300

Junior denim sales percentage to total store sales =  (Junior denim department sales/ Net sales of Store)*100

Junior denim sales percentage to total store sales =($421,300/$18,600,000)*100

Junior denim sales percentage to total store sales = 2.265%

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