If a perfume store currently sells perfume for $30 a bottle and averages 2000 bottles sold per month, what sales might they anticipate if they raise the price to $40 a bottle

Respuesta :

The sales they might anticipate if they raise the price to $40 a bottle is $1,500.

Anticipated sales

Using this formula

Anticipated sales=(Current selling price÷Increase in price)×Number of bottle sold

Let plug in the formula

Anticipated sales=($30÷$40)×2,000

Anticipated sales=$0.75×2,000

Anticipated sales=$1,500

Therefore the sales they might anticipate if they raise the price to $40 a bottle is $1,500.

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