At a recent company meeting, Ravi Batra, sales manager of Life's a Beach, a surfboard producer, announced, "We have increased our sales by 13 percent in just 9 months." Suppose 9 months ago, its sales amounted to $245,000.What is the value of its sales today?
A)$31,850
B)$207,638
C)$276,850
D)$359,905

Question

Quizplus · Accepted Answer

To find the current value of sales, we need to increase the initial value of $245,000 by 13%.

13% of $245,000 is:

0.13 x $245,000 = $31,850

Therefore, the current value of sales is:

$245,000 + $31,850 = $276,850

The correct option is C.

At a Recent Company Meeting, Ravi Batra, Sales Manager of Life's