Assume the following sales data for a company: $$\begin{array} { l r }
2017 & \$ 945,000 \
2016 & 877,500 \
2015 & 675,000
\end{array}$$ If 2015 is the base year what is the percentage increase in sales from 2015 to 2016?
A) 76.9%
B) 30%
C) 40%
D) 71.4%

Question

Assume the following sales data for a company: $$\begin{array} { l r } 
2017 & \$ 945,000 \
2016 & 877,500 \
2015 & 675,000
\end{array}$$ If 2015 is the base year what is the percentage increase in sales from 2015 to 2016?
A) 76.9%
B) 30%
C) 40%
D) 71.4%

Quizplus · Accepted Answer

The percentage increase in sales from 2015 to 2016 is calculated as $\frac{877,500 - 675,000}{675,000} \times 100 = 30%$.

Assume the Following Sales Data for a Company 2017$945,0002016877,5002015675,000\begin{array} { l r } 2017 & \$ 945,000 \\2016 & 877,500 \\2015 & 675,000\end{array}201720162015​$945,000877,500675,000​

Assume the Following Sales Data for a Company $\begin{array} { l r } 2017 & \$ 945,000 \\2016 & 877,500 \\2015 & 675,000\end{array}$