Assume the following sales data for a company: $\begin{array}{rr}
2015 & \$ 960,000 \
2014 & 720,000 \
2013 & 600,000
\end{array}$ If 2013 is the base year, what is the percentage increase in sales from 2013 to 2014?

Question

Quizplus · Accepted Answer

The percentage increase in sales from 2013 to 2014 is calculated as follows:Percentage increase = ((New value - Old value) / Old value) x 100= ((720,000 - 600,000) / 600,000) x 100= (120,000 / 600,000) x 100= 0.2 x 100= 20%

Assume the Following Sales Data for a Company 2015$960,0002014720,0002013600,000\begin{array}{rr}2015 & \$ 960,000 \\2014 & 720,000 \\2013 & 600,000\end{array}201520142013​$960,000720,000600,000​

Assume the Following Sales Data for a Company $\begin{array}{rr}2015 & \$ 960,000 \\2014 & 720,000 \\2013 & 600,000\end{array}$