The sales of company XYZ in the month of March were SAR 400,000. In August of the same year, the sales were 15%lower than in March. Complete the solution below to determine the sales in August. Do no round your answers.Step 1. Identify the given numbers.Sales in March:Percent change in August:=Step 2. Determine the change in sales.=Step 3. Enter your answer to the problem.Drop the following draggables to their drop zones tolabel the given numbers in the problem:New numberPercent of increaseIncreaseOriginal numberPercent of decreaseDecrease

A decrease in sales refers to a situation where a company experiences a decline in the number of…

Answered: XYZ in Complete the solution below to…

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XYZ in Complete the solution below to determine the sales in August. D

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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Question

The sales of company XYZ in the month of March were SAR 400,000. In August of the same year, the sales were 15%
lower than in March. Complete the solution below to determine the sales in August. Do no round your answers.
Step 1. Identify the given numbers.
Sales in March:
Percent change in August:
=
Step 2. Determine the change in sales.
=
Step 3. Enter your answer to the problem.
Drop the following draggables to their drop zones to
label the given numbers in the problem:
New number
Percent of increase
Increase
Original number
Percent of decrease
Decrease

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Step 1: Introduce the concept of decrease in sales.

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Step 2: Identify the given numbers.

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Step 3: Determine the change in sales.

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Step 4: Determine the sales in August.

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