In the last financial year,a car company sold | vedclass

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Question

(D) The number of cars sold in the last financial year $= 41,800$.The target number of cars to be sold this year $= 51,300$.The increase in sales $= 5

Vedclass · Accepted Answer

$22 \frac{8}{11} \%$

Vedclass · Answer

(D) The number of cars sold in the last financial year $= 41,800$.The target number of cars to be sold this year $= 51,300$.The increase in sales $= 51,300 - 41,800 = 9,500$.The percentage increase is calculated as: $	ext{Percentage Increase} = \left( \frac{	ext{Increase}}{	ext{Original Value}} ight) 	imes 100$.$	ext{Percentage Increase} = \left( \frac{9,500}{41,800} ight) 	imes 100 = \frac{950}{418} 	imes 10 = \frac{9500}{418} \approx 22.7272... \%$.Converting $22.7272... \%$ to a fraction: $22 + \frac{0.7272...}{1} = 22 + \frac{8}{11} = 22 \frac{8}{11} \%$.Thus,the correct option is $D$.

In the last financial year,a car company sold $41,800$ cars. In this year,the target is to sell $51,300$ cars. By what percent must the sale be increased?

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