This year, a salesman sells a total of $$ 60, 000$ worth of steak knives by going door-to-door. This represents a $20 %$ increase from the year before. What was the value of his sales last year?

$ 45, 000

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$ 48, 000

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$ 50, 000

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$ 52, 000

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$ 56, 000

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Solution

The correct option is D $$ 50, 000$
Let the sales of last year be x $G i v e n,$ x + 20\% $o f$ x = $60, 000$
$\Rightarrow x + \frac{20 x}{100} =$ 60,000 \Rightarrow \dfrac {120x}{100} = $60, 000$
$\Rightarrow x =$ 50,000 $T h u s, t h e v a l u e o f s a l e s l a s t y e a r w a s$ $50, 000$ .

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This year, a salesman sells a total of $60,000 worth of steak knives by going door-to-door. This represents a 20% increase from the year before. What was the value of his sales last year?

The correct option is D $50,000Let the sales of last year be x Given, x + 20\%ofx = 60,000⇒x+20x100= 60,000 \Rightarrow \dfrac {120x}{100} = 60,000⇒x= 50,000 Thus,thevalueofsaleslastyearwas 50,000.

This year, a salesman sells a total of $$ 60, 000$ worth of steak knives by going door-to-door. This represents a $20 %$ increase from the year before. What was the value of his sales last year?

The correct option is D $$ 50, 000$
Let the sales of last year be x $G i v e n,$ x + 20\% $o f$ x = $60, 000$
$\Rightarrow x + \frac{20 x}{100} =$ 60,000 \Rightarrow \dfrac {120x}{100} = $60, 000$
$\Rightarrow x =$ 50,000 $T h u s, t h e v a l u e o f s a l e s l a s t y e a r w a s$ $50, 000$ .