Assume the following sales data for a company: $$\begin{array} { r r }
2017 & \$ 1,050,000 \
2016 & 950,000 \
2015 & 800,000 \
2014 & 650,000
\end{array}$$ If 2014 is the base year what is the percentage increase in sales from 2014 to 2016?
A) 100%
B) 61.5%
C) 46.2%
D) 68.4%

Question

Assume the following sales data for a company: $$\begin{array} { r r } 
2017 & \$ 1,050,000 \
2016 & 950,000 \
2015 & 800,000 \
2014 & 650,000
\end{array}$$ If 2014 is the base year what is the percentage increase in sales from 2014 to 2016?
A) 100%
B) 61.5%
C) 46.2%
D) 68.4%

Quizplus · Accepted Answer

The percentage increase from 2014 to 2016 is calculated as $\frac{950,000 - 650,000}{650,000} \times 100\% = 46.2\%$.

Assume the Following Sales Data for a Company 2017$1,050,0002016950,0002015800,0002014650,000\begin{array} { r r } 2017 & \$ 1,050,000 \\2016 & 950,000 \\2015 & 800,000 \\2014 & 650,000\end{array}2017201620152014​$1,050,000950,000800,000650,000​

Assume the Following Sales Data for a Company $\begin{array} { r r } 2017 & \$ 1,050,000 \\2016 & 950,000 \\2015 & 800,000 \\2014 & 650,000\end{array}$