Question

A company's sales in Seattle were $350,000 in 2012, while their sales in Portland were $260,000 for the same year. Complete the following statements: a. Seattle's sales were % larger than Portland's. b. Portland sales were % smaller than Seattle's. c. Portland sales were % of Seattle's.

Answer 1

Answer:

The answers are:

1. Seattle´s sales were 34.6% larger than Portland´s
2. Portland´s sales were 25.7% smaller than Seattle´s
3. Portland´s sales were 74.3% of Seattle´s

Explanation:

To calculate answer 1 you must divide Seattle´s sales over Portland´s sales, then subtract 1, and finally multiply by 100.

= [ ($350,000/260,000) - 1 ] x 100 = 34.6%

To calculate answer 2 you must subtract the result form dividing Portland´s sales over Seattle´s sales from 1, and then multiply by 100.

= [ 1 - ($260,000/350,000) ] x 100 = 25.7%

To calculate answer 3 you must divide Portland´s sales over Seattle´s sales, and then multiply by 100.

= ($260,000/350,000) x 100 = 74.3%