If a company has sales of $100 in 2021 (the base period) and $560 in 2022 (the analysis period), the percentage of the base period is 460%.

Question

Quizplus · Accepted Answer

The percentage increase from the base period is calculated as ((Analysis Period - Base Period) / Base Period) * 100. So, ((560 - 100) / 100) * 100 = 460%. The sales in 2022 are 560% of the sales in 2021, not a 460% increase.

If a Company Has Sales of $100 in 2021 (The