If a company has sales of $110 in 2016 and $154 in 2017 the percentage increase in sales from 2016 to 2017 is 140%.

Question

Quizplus · Accepted Answer

To calculate the percentage increase in sales from 2016 to 2017, we can use the formula:

percentage increase = (new value - old value) / old value x 100%

Using the given values, we get:

percentage increase = (154 - 110) / 110 x 100%
percentage increase = 44 / 110 x 100%
percentage increase = 40%

Therefore, the percentage increase in sales from 2016 to 2017 is 40%, not 140%.

If a Company Has Sales of $110 in 2016 and $154