Assume the following sales data for a company: $$\begin{array} { l r }
\text { Current year } & \$ 325,000 \
\text { Preceding year } & 250,000
\end{array}$$
What is the percentage increase in sales from the preceding year to the current year?
A) 70%
B) 76.9%
C) 30%
D) 50%

Question

Assume the following sales data for a company: $$\begin{array} { l r } 
\text { Current year } & \$ 325,000 \
\text { Preceding year } & 250,000
\end{array}$$
 What is the percentage increase in sales from the preceding year to the current year?
A) 70%
B) 76.9%
C) 30%
D) 50%

Quizplus · Accepted Answer

The percentage increase in sales is calculated as $\frac{\text{Current year sales} - \text{Preceding year sales}}{\text{Preceding year sales}} \times 100\% = \frac{325,000 - 250,000}{250,000} \times 100\% = 30\%$.

Assume the Following Sales Data for a Company Current year $325,000 Preceding year 250,000\begin{array} { l r } \text { Current year } & \$ 325,000 \\\text { Preceding year } & 250,000\end{array} Current year Preceding year ​$325,000250,000​

Assume the Following Sales Data for a Company $\begin{array} { l r } \text { Current year } & \$ 325,000 \\\text { Preceding year } & 250,000\end{array}$