SOLUTION: In 2017, Dairy Queen had $550,000 in sales. In 2018, Dairy Queen sales were up 35%. What were Dairy Queen's sales in 2018?

Algebra ->  Percentage-and-ratio-word-problems -> SOLUTION: In 2017, Dairy Queen had $550,000 in sales. In 2018, Dairy Queen sales were up 35%. What were Dairy Queen's sales in 2018?      Log On


   



Question 1203433: In 2017, Dairy Queen had $550,000 in sales. In 2018, Dairy Queen sales were up 35%. What were Dairy Queen's sales in 2018?
Answer by math_tutor2020(3817) About Me  (Show Source):
You can put this solution on YOUR website!

To increase by 35%, we use the multiplier 1.35

Think of it as 100% + 35% = 1.00 + 0.35 = 1.35

Therefore, sales in 2018 were 1.35*550000 = $742,500

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The slightly longer way is to have these calculations:
35% of 550,000 = 0.35*550000 = 192500
550000 + 192500 = $742,500


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Answer: $742,500