Assume the following sales data for a company $$\begin{array} { l r }
2008 & \$ 1,000,000 \
2007 & 900,000 \
2006 & 750,000 \
2005 & 500,000
\end{array}$$
If 2005 is the base year, what was the percentage increase in sales from 2005 to 2007?

Question

Assume the following sales data for a company $$\begin{array} { l r } 
2008 & \$ 1,000,000 \
2007 & 900,000 \
2006 & 750,000 \
2005 & 500,000
\end{array}$$
If 2005 is the base year, what was the percentage increase in sales from 2005 to 2007?

Quizplus · Accepted Answer

To find the percentage increase from 2005 to 2007, we need to calculate the difference between the sales in those two years and divide by the sales in 2005, then multiply by 100 to get the percentage increase. 
Sales increase from 2005 to 2007: 900,000 - 500,000 = 400,000 
Percentage increase: (400,000/500,000) x 100% = 80% 
Therefore, the correct answer is choice B, 180%.

Assume the Following Sales Data for a Company 2008$1,000,0002007900,0002006750,0002005500,000\begin{array} { l r } 2008 & \$ 1,000,000 \\2007 & 900,000 \\2006 & 750,000 \\2005 & 500,000\end{array}2008200720062005​$1,000,000900,000750,000500,000​

Assume the Following Sales Data for a Company $\begin{array} { l r } 2008 & \$ 1,000,000 \\2007 & 900,000 \\2006 & 750,000 \\2005 & 500,000\end{array}$