Last year's sales at Mel's Cinema totaled $144,000. This year's sales should increase by 1/3. How much should sales increase by, and what will sales be in the new year?
1.33 * 144,000 = $_________
To determine the increase in sales, we need to calculate 1/3 of last year's sales.
To find 1/3 of a quantity, you divide that quantity by 3.
So to calculate the increase in sales, we divide last year's sales of $144,000 by 3:
$144,000 รท 3 = $48,000
Therefore, the increase in sales is $48,000.
To determine the total sales in the new year, we add the increase to last year's total:
$144,000 + $48,000 = $192,000
Thus, sales in the new year will be $192,000.