What would the July sales need to be to have a 20 percent decrease from June?
What will be an ideal response?
The change is from June, so: vi = 0.9 and v2= unknown
f= v2 1 vi = ( fâ 1) *100
f= v21 0.9
â 20 = [(v2 / 0.9) â 1)] * 100 v2= [( 20 / 100) + 1] * 0.9
v2 = 0.8 * 0.9
v2= $0.72 million (decrease)
July sales would need to be $0,72 million to be 20% less than in June.
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