Assume the following sales data for a company: $$\begin{array} { l r }
2022 & \$ 960,000 \
2021 & 750,000 \
2020 & 600,000
\end{array}$$ If 2020 is the base year what is the percentage increase in sales from 2020 to 2021?

Question

Assume the following sales data for a company: $$\begin{array} { l r } 
2022 & \$ 960,000 \
2021 & 750,000 \
2020 & 600,000
\end{array}$$ If 2020 is the base year what is the percentage increase in sales from 2020 to 2021?

Quizplus · Accepted Answer

The percentage increase from 2020 to 2021 is calculated as $\frac{750,000 - 600,000}{600,000} \times 100\% = 25\%$.

Assume the Following Sales Data for a Company 2022$960,0002021750,0002020600,000\begin{array} { l r } 2022 & \$ 960,000 \\2021 & 750,000 \\2020 & 600,000\end{array}202220212020​$960,000750,000600,000​

Assume the Following Sales Data for a Company $\begin{array} { l r } 2022 & \$ 960,000 \\2021 & 750,000 \\2020 & 600,000\end{array}$