document.write( "Question 211426: Respected sir,\r
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document.write( "plz help me to slove this % problem.\r
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document.write( "1] At car delarship X,the total profil from sales increased by 10% over the previous year while the number of cars sold decreased by 10% over the previous year.Approximately what was the average percent increase in profit per car over the previous year?\r
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document.write( "waiting for yur reply.\r
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document.write( "Thanks.
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document.write( "Regards
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document.write( "Binita. \n" );
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Algebra.Com's Answer #159786 by Theo(13342)![]() ![]() You can put this solution on YOUR website! Your problem is: \n" ); document.write( "1] At car delarship X,the total profit from sales increased by 10% over the previous year while the number of cars sold decreased by 10% over the previous year. \n" ); document.write( "----- \n" ); document.write( "Approximately what was the average percent increase in profit per car over the previous year? \n" ); document.write( "----- \n" ); document.write( "let P = total profit made the previous year. \n" ); document.write( "let C = number of cars sold the previous year. \n" ); document.write( "----- \n" ); document.write( "Average Profit = Total Profit divided by number of cars sold. \n" ); document.write( "----- \n" ); document.write( "let A = average profit per car made the previous year. \n" ); document.write( "Formula for calculating average profit per car from the previous year becomes: \n" ); document.write( "A = P/C \n" ); document.write( "----- \n" ); document.write( "This year the total profit increased by 10% over the previous year. \n" ); document.write( "This makes the total profit this year equal to P + .1*P = 1.1 * P \n" ); document.write( "----- \n" ); document.write( "This year the number of cars sold decreased by 10% over the previous year. \n" ); document.write( "This makes the total number of cars sold this year equal to C - .1*C which equals .9 * C \n" ); document.write( "----- \n" ); document.write( "let B = average profit per car made this year. \n" ); document.write( "Formula for calculating average profit per car this year becomes: \n" ); document.write( "B = 1.1 * P / .9 * C \n" ); document.write( "----- \n" ); document.write( "This is the same as: \n" ); document.write( "B = (1.1/.9) * (P/C) \n" ); document.write( "----- \n" ); document.write( "1.1/.9 = 1.22222222... \n" ); document.write( "----- \n" ); document.write( "This means that the average profit this year per car increased 22.222222... % over the average profit per car from the previous year. \n" ); document.write( "----- \n" ); document.write( "This is how that works. \n" ); document.write( "A = average profit per car last year = P/C \n" ); document.write( "B = average profit per car this year = (1.1*P)/(.9*C) \n" ); document.write( "----- \n" ); document.write( "(1.1P/.9C)/(P/C) is the same as: \n" ); document.write( "(1.1P/.9C)*(C/P) \n" ); document.write( "P/C cancels out C/P so you are left with 1.1/.9. \n" ); document.write( "----- \n" ); document.write( "The result is that B/A = 1.1/.9 = 1.22222222... which is the same as an increase of 22.22222... % \n" ); document.write( "----- \n" ); document.write( "B/A = 1.1/.9 becomes: \n" ); document.write( "B = A*1.1/.9 when you solve for B by multiplying both sides of this equation by A. \n" ); document.write( "----- \n" ); document.write( "A*1.1/.9 becomes A*1.22222.... when you divide 1.1 by .9. \n" ); document.write( "----- \n" ); document.write( "A * 1.22222.... is the same as A + .22222... * A \n" ); document.write( "----- \n" ); document.write( ".22222... * A is the same as 22.22222% * A when you multiply .222 * 100% to turn it into a percent rather than a ratio. \n" ); document.write( "----- \n" ); document.write( "let me put this into numbers so you can see it better. \n" ); document.write( "----- \n" ); document.write( "let C = 1,000 \n" ); document.write( "let P = 5,000,000 \n" ); document.write( "----- \n" ); document.write( "A = average profit per car = P/C = 5,000,000/1,000 = 5,000 dollars profit per car. \n" ); document.write( "----- \n" ); document.write( "This year the total profit went up 10% over last year. \n" ); document.write( "P + 10% * P = 1.1 * P = 1.1 * 5,000,000 = 5,500,000 \n" ); document.write( "----- \n" ); document.write( "this year the total number of cars sold went down 10% over last year. \n" ); document.write( "C - 10% * C = .9 * C = .9 * 1,000 = 900 \n" ); document.write( "----- \n" ); document.write( "B = average profit per car this year = 1.1*P/.9*C = 5,500,000/900 = 6111.11111... per car. \n" ); document.write( "----- \n" ); document.write( "6111.11111... / 5000 = 1.222222222... \n" ); document.write( "This means that average profit per car this year increased by 22.22...% over last year. \n" ); document.write( "----- \n" ); document.write( "Rounding this to the nearest hundredth of a percent makes the answer equal to: \n" ); document.write( "Average increase in profit per car this year equals 22.22% \n" ); document.write( "-----\r \n" ); document.write( " \n" ); document.write( " \n" ); document.write( "\n" ); document.write( " \n" ); document.write( " |