Assume the following sales data for a company: $$\begin{array} { l r }
2020 & \$ 1,050,000 \
2019 & 950,000 \
2018 & 800,000 \
2017 & 650,000
\end{array}$$ If 2017 is the base year, what is the percentage increase in sales from 2017 to 2019?
A) 100%
B) 61.5%
C) 46.2%
D) 68.4%

Question

Assume the following sales data for a company: $$\begin{array} { l r } 
2020 & \$ 1,050,000 \
2019 & 950,000 \
2018 & 800,000 \
2017 & 650,000
\end{array}$$ If 2017 is the base year, what is the percentage increase in sales from 2017 to 2019?
A) 100%
B) 61.5%
C) 46.2%
D) 68.4%

Quizplus · Accepted Answer

The percentage increase from 2017 to 2019 is calculated as $(950,000 - 650,000) / 650,000 \times 100\% = 46.2\%$.

Assume the Following Sales Data for a Company 2020$1,050,0002019950,0002018800,0002017650,000\begin{array} { l r } 2020 & \$ 1,050,000 \\2019 & 950,000 \\2018 & 800,000 \\2017 & 650,000\end{array}2020201920182017​$1,050,000950,000800,000650,000​

Assume the Following Sales Data for a Company $\begin{array} { l r } 2020 & \$ 1,050,000 \\2019 & 950,000 \\2018 & 800,000 \\2017 & 650,000\end{array}$