Question

Difficulty: MediumPercents and Percent Change

At the beginning of a school year, a bookstore had 250250 copies of a textbook in stock. During the first week of classes, the bookstore sold 30%30\% of the textbooks in stock. During the second week, a new shipment increased the number of textbooks in stock by 40%40\% of the number of textbooks in stock at the end of the first week. How many copies of the textbook were in stock at the end of the second week?

Answer: 245 copies

Answer

245
To find the final quantity, we must calculate the successive percentage changes sequentially. First, a 30%30\% decrease on the initial 250250 textbooks leaves 70%70\% of the stock: 250×0.70=175250 \times 0.70 = 175. Second, a 40%40\% increase on this new amount of 175175 textbooks results in 175×1.40=245175 \times 1.40 = 245 textbooks in stock at the end of the second week.

Step-by-Step Solution

1
Find the number of textbooks remaining after the first week's sales.
175
Selling 30%30\% of the 250250 textbooks leaves 70%70\% of them: 250×(10.30)=175250 \times (1 - 0.30) = 175.
2
Find the total number of textbooks in stock after the second week's shipment increase.
245
An increase of 40%40\% on the 175175 remaining textbooks results in 140%140\% of that amount: 175×(1+0.40)=245175 \times (1 + 0.40) = 245.

Key Concept

Applying consecutive percent decreases and increases to changing base values.
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