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At Store T, the dollar amount of sales for 2007 was what per

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Kudos [?]: 308 [0], given: 1259

At Store T, the dollar amount of sales for 2007 was what per [#permalink] New post 12 Sep 2017, 14:09
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At Store T, the dollar amount of sales for 2007 was what percent of the dollar amount of sales for 2008 ?

Give your answer to the nearest 0.1 percent.

[Reveal] Spoiler: OA
108.7 %


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Question: 2
Page: 127
Difficulty: medium


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Moderator
Moderator
User avatar
Joined: 18 Apr 2015
Posts: 2105
Followers: 29

Kudos [?]: 308 [0], given: 1259

Re: At Store T, the dollar amount of sales for 2007 was what per [#permalink] New post 12 Sep 2017, 23:43
Expert's post
Explanation

If A is the dollar amount of sales at Store T for 2007, then 8 percent of A, or is the amount of decrease from 2007 to 2008. Thus is 0.08A, A − 0.08A = 0.92A the dollar amount for 2008. Therefore, the desired percent can be obtained by dividing A by 0.92A which is \frac{A}{0.92A} = \frac{1}{0.92} = 1.08 % = 108.7 %
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