If a company has sales of $150 in 2015 and $225 in 2016,the percentage change from 2015 to 2016 is 50%.

Name: If a company has sales of $150 in 2015 and $225 in 2016,the percentage change from 2015 to 2016 is 50%.
Brand: Quizplus
Rating: 4.8 (31 reviews)

Question

Quizplus · Accepted Answer

To calculate the percentage change between 2015 and 2016, we use the formula:

Percentage change = ((New value - Old value) / Old value) x 100%

Plugging in the values, we get:

Percentage change = ((225 - 150) / 150) x 100% = 50%

Therefore, the statement is true and the answer is A.

If a Company Has Sales of $150 in 2015 and $225