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Re: At Store T, the dollar amount of sales for 2007 was what per [#permalink]
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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