If a company has sales of $110 in 2013 and $154 in 2014, the percentage increase in sales from 2013 to 2014 is 140%.

Question

Quizplus · Accepted Answer

To calculate the percentage increase in sales from 2013 to 2014, we need to use the formula: ((new value - old value) / old value) x 100%. Applying this formula, we get ((154-110)/110) x 100% = 40%. Therefore, the percentage increase in sales from 2013 to 2014 is 40%, not 140%.

If a Company Has Sales of $110 in 2013 and $154