Solve the problem.
-Midtown Antiques has found that sales have decreased 2% from last year. Sales this year are $198,325. Find the amount of last year's sales. Round your answer to the nearest dollar.
A) $203,372
B) $202,372
C) $202,272
D) $202,362

Question

Quizplus · Accepted Answer

Last year's sales can be found by dividing this year's sales by 0.98 (since a 2% decrease means the sales are at 98% of last year's). So, $198,325 / 0.98 = $202,372.

Solve the Problem. -Midtown Antiques Has Found That Sales Have Decreased 2% from Decreased