If a company has sales of $110 in 2010 and $154 in 2011, the percentage increase in sales from 2010 to 2011 is 140%.

Question

Quizplus · Accepted Answer

To calculate the percentage increase, we use the formula:

Percentage increase = ((New value - Old value) / Old value) x 100

Using the given values, we get:

Percentage increase = ((154 - 110) / 110) x 100 = 40%

Therefore, the percentage increase in sales from 2010 to 2011 is 40%, not 140%.

If a Company Has Sales of $110 in 2010 and $154