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10 June, 07:31

The total sales at Office Products this year are $713,340, which is 35% more than last year's sales. What is the amount of last year's sales?

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  1. 10 June, 07:42
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    The amount of total sales last year was $ 528,400

    Step-by-step explanation:

    1. Let's review the information given to us to answer the question correctly:

    Total sales at office products this year = $ 713,340

    Growth rate year over year = 35%

    2. What is the amount of last year's sales?

    Let's use the Rule of Three Simple to find out the answer, as follows:

    Total Sales Percentage

    713,340 (This year) 135%

    x (Last year) 100%

    x * 135 = 713,340 * 100

    135x = 71'334,000

    x = 71'334,000/135

    x = 528,400 (Rounding to the next whole number)
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