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If a company’s revenue increases by 15% from $200,000, what is the new revenue?
If a company’s revenue increases by 15% from $200,000, what is the new revenue?
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Practice Questions
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Q1
If a company’s revenue increases by 15% from $200,000, what is the new revenue?
$230,000
$240,000
$250,000
$220,000
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Increase = 15% of 200,000 = 30,000. New Revenue = 200,000 + 30,000 = $230,000.
Questions & Step-by-step Solutions
1 item
Q
Q: If a company’s revenue increases by 15% from $200,000, what is the new revenue?
Solution:
Increase = 15% of 200,000 = 30,000. New Revenue = 200,000 + 30,000 = $230,000.
Steps: 6
Show Steps
Step 1: Identify the original revenue, which is $200,000.
Step 2: Calculate 15% of the original revenue. To do this, multiply $200,000 by 0.15.
Step 3: Perform the multiplication: $200,000 * 0.15 = $30,000.
Step 4: Add the increase ($30,000) to the original revenue ($200,000).
Step 5: Perform the addition: $200,000 + $30,000 = $230,000.
Step 6: The new revenue is $230,000.
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