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31 August, 04:06

A local grocer cut his marketing budget by 38% last year. He spent only $650 on marketing this year and is happy with his decision. How much did the grocer spend on marketing last year?

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  1. 31 August, 04:10
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    the amount the grocer spend on marketing last year = $ 1048.38

    Step-by-step explanation:

    To find the budget we will subtract the current marketing budget number from 100

    As 38% = 0.38

    i. e, 100 - 0.38 = 0.62

    Now divide the previous year budget amount percentage found by the amount spent this year

    =650 / 0.62

    = 1048.38
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