Solve the problem.
-Midtown Antiques has found that sales have decreased $4 \%$ from last year. Sales this year are \$ 119,958 . Find the amount of last year's sales. Round your answer to the nearest dollar.
A) $\$ 124,946$
B) $\$ 125,956$
C) $\$ 124,856$
D) $\$ 124,956$

Question

Quizplus · Accepted Answer

Last year's sales can be found by dividing this year's sales by $0.96$ (since a $4\%$ decrease means sales are at $96\%$ of last year's), resulting in approximately \$124,956.

Solve the Problem 4%4 \%4% From Last Year $124,946\$ 124,946$124,946 B) $125,956\$ 125,956$125,956

Solve the Problem $4 \%$ From Last Year $\$ 124,946$ B) $\$ 125,956$