Math Problem Statement
The following excerpt comes from the International Bottled Water Association:
"In 2012, total U.S. bottled water consumption increased to 9.67 billion gallons, up from 9.1 billion gallons in 2011. In fact, 2012's consumption growth was the strongest it has been in five years. In addition, per-capita consumption is up 5.3 percent in 2012, with every person in America drinking an average of 30.8 gallons of bottled water last year. Bottled water increased in absolute volume more than any other beverage category in the U.S. Bottled water sales increased by 6.7 percent in 2012, and now total $11.8 billion."
(i) If bottled water sales are up by 6.7% in 2012 to a total of $11.8 billion, what were the sales in 2011? (Express your answer in billions of dollars rounded correctly to the nearest tenth.) $billion
(ii) Estimate the per capita consumption from 2011 from data in the statement. (Express your answer rounded correctly to the nearest tenth of a gallon.) gallons
(iii) Quantify the bottled water consumption increase from 2011 to 2012 in terms of absolute change. (Express your answer in billions of gallons rounded correctly to the hundredths place.) billions of gallons
Solution
Let's break down each of the three parts of this question.
(i) What were the sales in 2011?
We are told that bottled water sales increased by 6.7% in 2012 and the total sales for 2012 were $11.8 billion.
Let represent the sales in 2011. The 6.7% increase means that the sales in 2012 are 106.7% of the sales in 2011:
To solve for , divide both sides by 1.067:
So, the sales in 2011 were approximately $11.1 billion (rounded to the nearest tenth).
(ii) Estimate the per capita consumption from 2011.
We are told that in 2012, the total U.S. bottled water consumption was 9.67 billion gallons and the average person drank 30.8 gallons. First, calculate the total U.S. population in 2012:
Now, estimate the per capita consumption for 2011. We know that the total bottled water consumption in 2011 was 9.1 billion gallons. Using the same population estimate for 2011:
So, the estimated per capita consumption in 2011 was approximately 28.9 gallons (rounded to the nearest tenth).
(iii) Quantify the bottled water consumption increase from 2011 to 2012 in terms of absolute change.
The total consumption in 2011 was 9.1 billion gallons, and the total consumption in 2012 was 9.67 billion gallons. The absolute change in consumption is:
So, the increase in bottled water consumption from 2011 to 2012 was 0.57 billion gallons (rounded to the hundredths place).
Summary of Answers:
- (i) Sales in 2011: $11.1 billion
- (ii) Per capita consumption in 2011: 28.9 gallons
- (iii) Absolute increase in consumption: 0.57 billion gallons
Would you like more details on any of these calculations or have any follow-up questions?
Related Questions:
- How would the total U.S. bottled water consumption change if the per capita consumption increased by 10% in 2013?
- If the 6.7% sales increase continued for the next three years, what would be the sales in 2015?
- How can you estimate the per capita consumption for a different country given similar data?
- If the average price per gallon of bottled water increased by 5% in 2012, how would that impact the total sales?
- How can you calculate the growth rate for a different beverage category based on similar data?
Tip:
When calculating percentage increases, remember the formula:
Ask a new question for Free
By Image
Drop file here or Click Here to upload
Math Problem Analysis
Mathematical Concepts
Percentage Increase
Division
Subtraction
Estimation
Formulas
New Value = Old Value × (1 + Percentage Increase)
Per Capita Consumption = Total Consumption / Population
Absolute Change = New Value - Old Value
Theorems
-
Suitable Grade Level
Grades 6-9
Related Recommendation
Calculate Water Requirements for a Dinner Party with Soda Dispenser
Water Supply Problem: Proportionality, Population Increase, and Percentage Consumption
Forecasting Sales Growth of Bottled Water with 7% Annual Increase
Water Demand Projection for Growing Population with Stabilized Per Capita Consumption
Find 99.5th Percentile of Bottled Water Consumption