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Math  /  Data & Statistics

Question3. Use the bar graph to the right to determine the percent of increase in sales from the first to the second quarter.
Company A □\square \%

Studdy Solution

STEP 1

1. The sales data for the first quarter (January-March) is 120,000.<br/>2.Thesalesdataforthesecondquarter(April−June)is120,000.<br />2. The sales data for the second quarter (April-June) is 150,000.
3. We are calculating the percent increase from the first quarter to the second quarter.

STEP 2

1. Calculate the difference in sales between the second quarter and the first quarter.
2. Calculate the percent increase based on the difference and the first quarter's sales.

STEP 3

Identify the sales figures for the first and second quarters:
First quarter sales: $120,000 \$120,000
Second quarter sales: $150,000 \$150,000

STEP 4

Calculate the difference in sales between the second and first quarters:
Difference=$150,000−$120,000=$30,000 \text{Difference} = \$150,000 - \$120,000 = \$30,000

STEP 5

Calculate the percent increase using the formula:
Percent Increase=(DifferenceFirst Quarter Sales)×100 \text{Percent Increase} = \left( \frac{\text{Difference}}{\text{First Quarter Sales}} \right) \times 100
Percent Increase=($30,000$120,000)×100 \text{Percent Increase} = \left( \frac{\$30,000}{\$120,000} \right) \times 100
Percent Increase=0.25×100=25% \text{Percent Increase} = 0.25 \times 100 = 25\%
The percent increase in sales from the first to the second quarter is:
25% \boxed{25\%}

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