middleton real estate is a national real estate company that sells houses across the country. last year, the…

middleton real estate is a national real estate company that sells houses across the country. last year, the company sold a total of 25,210 homes. this year, they sold 37,815 homes. what is the percent of increase in yearly home sales?

middleton real estate is a national real estate company that sells houses across the country. last year, the company sold a total of 25,210 homes. this year, they sold 37,815 homes. what is the percent of increase in yearly home sales?

Answer

Explanation:

Step1: Find the increase in sales

Subtract last - year's sales from this year's sales. $37815 - 25210=12605$

Step2: Calculate the percentage increase

Use the formula $\text{Percent Increase}=\frac{\text{Increase}}{\text{Original Amount}}\times100%$. $\text{Percent Increase}=\frac{12605}{25210}\times 100%$ $\frac{12605}{25210}=0.5$, and $0.5\times100% = 50%$

Answer:

$50$