Math Problem Statement

  1. Sales at Terri's Tackle went up 1.4% in June, down 4.87% in July, up 3% in August, and down 1.33% in September. Did Terri's sales rise or fall over those four months? by how much?

Solution

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Math Problem Analysis

Mathematical Concepts

Percentage Change
Sequential Calculation
Compounding Effects

Formulas

Sales after June: S × (1 + 1.4/100) = S × 1.014
Sales after July: S × 1.014 × (1 - 4.87/100) = S × 1.014 × 0.9513
Sales after August: S × 1.014 × 0.9513 × (1 + 3/100) = S × 1.014 × 0.9513 × 1.03
Sales after September: S × 1.014 × 0.9513 × 1.03 × (1 - 1.33/100) = S × 1.014 × 0.9513 × 1.03 × 0.9867

Theorems

Compounding Percentage Changes

Suitable Grade Level

Grades 9-12