Question

The sales goal for your store this week is $22,682. The sales goal for your store this week last year was $20,128. Your store has averaged 1775 transactions per week for the last four weeks. Assuming the number of transactions is consistent, what is the average basket size (transaction amount) you need this week in order to meet your goal?

Answer 1

All you need to do is find the average amount each of the transactions should be, to do this you just need to do the amount of money you would like to make and divide by the number of transactions so 22682 divided by 1775