Question: One weekend when you reduced prices 5%, your store had $58,000 worth of sales. The next weekend, with a 15% reduction, your sales were $92,000.

One weekend when you reduced prices 5%, your store had $58,000 worth of sales. The next weekend, with a 15% reduction, your sales were $92,000. The weekend after that, with a 17.5% reduction, your sales were $95,000. Based on all this information, how much would you expect to sell next weekend with a 10% price reduction?

Step by Step Solution

3.53 Rating (167 Votes )

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock

You would expect 73952 computed as the predict... View full answer

blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Document Format (1 attachment)

Word file Icon

636-M-S-L-R (4726).docx

120 KBs Word File

Students Have Also Explored These Related Statistics Questions!