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Calculate the percent of customer returns for a week with the following figures: gross sales, $7,500; returns, $95 on Monday, $19 on Tuesday, $50 on Wednesday, $140 on Thursday, $160 on Friday, and $80 on Saturday.

Respuesta :

Answer:

The percentage of customer returns is 7%.

Step-by-step explanation:

Given,

Total gross sales = $ 7,500

Returns are,

$95 on Monday, $19 on Tuesday, $50 on Wednesday, $140 on Thursday, $160 on Friday, and $80 on Saturday,

So, the total returns = $ 95 + $ 50 + $ 140 + $ 160 + $ 80 = $ 525,

Hence, the percent of customer returns for the week = [tex]\frac{\text{Total returns}}{\text{Total gross sales}}\times 100[/tex]

[tex]=\frac{525}{7500}\times 100[/tex]

[tex]=\frac{52500}{7500}[/tex]

[tex]=7\%[/tex]