The matrix below shows the sales, in thousands of dollars, for three different stores over a period of two years.
sales
store A store B store C
year 1[110 250 400]
year 2 150 300 350
Each store's profit is 3% of its sales. What is the profit, in thousands of dollars, for store b in year 2?
300,000 * 0.03 = ?
300,000*0.03= 9
Do you really think the profit is only $9.00?
Please try this calculation again.
i don't know that's the only answer i can get
http://www.google.com/search?source=ig&hl=en&rlz=1G1GGLQ_ENUS308&q=300%2C000*0.03&aq=f&aqi=h1&aql=&oq=&gs_rfai=CzBIevr-aTM2GDI-GNMmb3T0AAACqBAVP0DyJOg
9000
To find the profit for store B in year 2, we need to calculate 3% of its sales for that year.
Step 1: Look at the matrix and find the value for store B's sales in year 2, which is 300.
Step 2: Calculate 3% of 300:
3% of 300 = (3/100) * 300 = 0.03 * 300 = 9
Step 3: Convert the profit from dollars to thousands of dollars:
The profit calculated in step 2 is in dollars, so we divide it by 1000 to convert it to thousands of dollars.
9 dollars = 9/1000 = 0.009 thousands of dollars
Therefore, the profit for store B in year 2 is 0.009 thousands of dollars.