Figure 1-1
-Refer to Figure 1-1.Using the information in the figure above,calculate the percentage change in sales of alcoholic beverages between 2008 and 2010.
A)23.8%
B)40%
C)42.9%
D)73.3%

Question

Figure 1-1 
-Refer to Figure 1-1.Using the information in the figure above,calculate the percentage change in sales of alcoholic beverages between 2008 and 2010.
A)23.8% 
B)40% 
C)42.9% 
D)73.3%

Quizplus · Accepted Answer

The percentage change in sales of alcoholic beverages between 2008 and 2010 is calculated as follows:Percentage change = ((New value - Old value) / Old value) * 100= ((120 - 97) / 97) * 100= 23.76%Therefore, the percentage change in sales of alcoholic beverages between 2008 and 2010 is 23.8% (rounded to one decimal place).

Figure 1-1 -Refer to Figure 1-1.Using the Information in the Figure Above,calculate