Assume the following sales data for a company: $$\begin{array} { l r }
2018 & \$ 960,000 \
2017 & 750,000 \
2016 & 600,000
\end{array}$$ 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: $$\begin{array} { l r } 
2018 & \$ 960,000 \
2017 & 750,000 \
2016 & 600,000
\end{array}$$ 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 $\frac{750,000 - 600,000}{600,000} \times 100 = 25\%$.

Assume the Following Sales Data for a Company 2018$960,0002017750,0002016600,000\begin{array} { l r } 2018 & \$ 960,000 \\2017 & 750,000 \\2016 & 600,000\end{array}201820172016​$960,000750,000600,000​

Assume the Following Sales Data for a Company $\begin{array} { l r } 2018 & \$ 960,000 \\2017 & 750,000 \\2016 & 600,000\end{array}$