Need help figuring out percentage?


By what percentage would the total expenditures increase over the Q3 forecast if wages/salaries were reduced 10% and utilities increased 40%? Advertising $1,900.00 Rent and Rates $2,340.00 Wages/Salaries $6,430.00 Maintenance $580.00 Insurance $580.00 Utilities $2,780.00 Total Expenses $14,610.00 Total Sales $21,610.00

Written by Polgaro in Mathematics


Better Answer

total expenses = 14610

14610 - 6430 - 2780 = 5400

wages reduced 10%
6430 * .9 = 5787

utilities increased 40%
2780 * 1.4 = 3892

new total expenses
5400 + 5787 + 3892 = 15079

14610 + 14610x = 15079
14610x = 469
x = 0.03210130047912388774811772758385

expense increase is 3.21%

Written by David


Other Answers

total expenses = 14610

14610 - 6430 - 2780 = 5400

wages reduced 10%
6430 * .9 = 5787

utilities increased 40%
2780 * 1.4 = 3892

new total expenses
5400 + 5787 + 3892 = 15079

14610 + 14610x = 15079
14610x = 469
x = 0.03210130047912388774811772758385

expense increase is 3.21%

Written by David