Assume the following sales data for a company: $\begin{array}{lr}
2020 & \$ 945,000 \
2019 & 877,500 \
2018 & 675,000
\end{array}$ If 2018 is the base year, what is the percentage increase in sales from 2018 to 2019?

Question

Quizplus · Accepted Answer

The percentage increase in sales from 2018 to 2019 is calculated as $\frac{877,500 - 675,000}{675,000} \times 100 = 30%$.

Assume the Following Sales Data for a Company 2020$945,0002019877,5002018675,000\begin{array}{lr}2020 & \$ 945,000 \\2019 & 877,500 \\2018 & 675,000\end{array}202020192018​$945,000877,500675,000​

Assume the Following Sales Data for a Company $\begin{array}{lr}2020 & \$ 945,000 \\2019 & 877,500 \\2018 & 675,000\end{array}$