What is the final profit for a company whose initial profit of $500,000 experiences a 10% decrease?
WORK TODAY
Calculate the final profit with the following percent increase or decrease:
Example:
1. $2,008 with 19% decrease
Solution:
i. ($2,008) (0.19) = $381.52ii. 2,008 – 381.52 = $1626.48
iii. Final profit = $1626.48
Problems to solve:
2. $42,609 with 2% decrease
3. $5,406 with 7% increase
4. $9,309 with 10% decrease
5. $85,209 with 20% increase
HOMEWORK
1. Calculate the final profits with the following % increase or decrease:
1)$2,400 with 8% decrease
2)$485,200 with 32% increase
2. More or Less Book: page 44 - problem 1 (a and b)
EXTRA PRACTICE (with feedback)
http://www.aaastudy.com/pct68_x4.htm
