A store reported total sales of $385 million for February of this year. If the total sales for the same month last year was $320 million, approximately what was the percent increase in sales?
2 Explanations
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New price = 385
Old price (or Reference price) = 320
[(new prince - old price) / old price] * 100 = % increase
[(385 - 320) / 320] * 100 = % increase
[(65) / 320] * 100 = % increase
Since there is a huge difference between values in answer choices:
2 Explanations