The customer returns for the Fall season were 10% on gross sales of $900,000. For the Spring season, gross sales were $850,000, and customer returns were $70,000. What was the percentage of customer returns for the entire year

the percentage of customer returns for the entire year is 9.14%

Explanation:

The computation of the percentage of the customer returns for the entire year is as follows;

= Total customer returns ÷ Total gross sales

= ($900,000× 10% + $70,000) ÷ ($900,000 + $850,000)

= ($90,000 + $70,000) ÷ ($1,750,000)

= 9.14%

Hence, the percentage of customer returns for the entire year is 9.14%

hi,

henry is an economist and wants to understand the relationship between inflation and consumer spending habits. for his research, he needs the consumer price index for 2014 and the inflation rate. based on the prices of goods given, what will he find to be the cpi and inflation rate for 2014? assume that a consumer’s basket for three consecutive years consists of the following:

you dont privide answer choices.

answer - 15% of a inflatation rate is 15% less in cpi