
Economics Economics Forum  Financial Mathematics, Econometrics, Operations Research, Mathematical Finance, Computational Finance 
 LinkBack  Thread Tools  Display Modes 
October 31st, 2011, 06:35 AM  #1 
Joined: Oct 2011 Posts: 7 Thanks: 0  Not sure about the increased sales target
Hi, Can someone tell me where the 140% came from. Thanks in advance for your time. Question Following a merger, the targets are combined for each retail operation, with 5% added to each target for each staff member that works in the combined retail operation. Which combined retail operation has a sales target of £119,000. For example combined sales target for a internet a retail operation is = 85,000 combined no of employees is = 8 Then to calculate the increased sales target based upon the combined number of employees... Answer 85, 000 * 140% = 119,000. Where did the 140% come from? 
October 31st, 2011, 06:47 AM  #2 
Global Moderator Joined: Nov 2006 From: UTC 5 Posts: 15,116 Thanks: 694 Math Focus: Number theory, computational mathematics, combinatorics, FOM, symbolic logic  Re: Not sure about the increased sales target
100% + 8 * 5%.

October 31st, 2011, 10:38 AM  #3 
Joined: Oct 2011 Posts: 7 Thanks: 0  Re: Not sure about the increased sales target
CRGreathouse, I am getting answer of 100 + 8 * 5 = 540, or 100 + 8 = 108. 108 * 0.05 = 5.4. 5.4 + 108 = 113.4. Could you clarify your answer?

October 31st, 2011, 10:45 AM  #4 
Global Moderator Joined: Nov 2006 From: UTC 5 Posts: 15,116 Thanks: 694 Math Focus: Number theory, computational mathematics, combinatorics, FOM, symbolic logic  Re: Not sure about the increased sales target
Multiply before adding. http://en.wikipedia.org/wiki/Order_of_operations 
November 15th, 2011, 03:55 AM  #5 
Joined: Oct 2011 Posts: 7 Thanks: 0  Re: Not sure about the increased sales target
Thanks CRGreathouse. How do I close this thread

November 16th, 2011, 11:06 AM  #6 
Math Team Joined: Oct 2011 From: Ottawa Ontario, Canada Posts: 4,062 Thanks: 218  Re: Not sure about the increased sales target
No need to close it...just forget it !!


Tags 
increased, sales, target 
Thread Tools  
Display Modes  

Similar Threads  
Thread  Thread Starter  Forum  Replies  Last Post 
Sales conversion linked to sales enquiries and orders  Rocky  Elementary Math  1  July 3rd, 2013 08:55 AM 
Sales forecasting  Spook  Advanced Statistics  1  September 13th, 2012 04:55 AM 
Spamming increased?  mathbalarka  New Users  3  June 15th, 2012 01:13 AM 
Customer sales  Dld3  Economics  3  November 2nd, 2011 11:17 AM 