Assume the following sales data for a company: $$\begin{array} { r r }
2018 & \$ 980,000 \
2017 & 875,000 \
2016 & 700,000
\end{array}$$ If 2016 is the base year, what is the percentage increase in sales from 2016 to 2017?

Question

Assume the following sales data for a company: $$\begin{array} { r r } 
2018 & \$ 980,000 \
2017 & 875,000 \
2016 & 700,000
\end{array}$$ If 2016 is the base year, what is the percentage increase in sales from 2016 to 2017?

Quizplus · Accepted Answer

The percentage increase from 2016 to 2017 is calculated as $(875,000 - 700,000) / 700,000 \times 100 = 25\%$.

Assume the Following Sales Data for a Company 2018$980,0002017875,0002016700,000\begin{array} { r r } 2018 & \$ 980,000 \\2017 & 875,000 \\2016 & 700,000\end{array}201820172016​$980,000875,000700,000​

Assume the Following Sales Data for a Company $\begin{array} { r r } 2018 & \$ 980,000 \\2017 & 875,000 \\2016 & 700,000\end{array}$