Assume the following sales data for a company: 2022 $ 1,000,000
2021 900,000
2020 750,000
2019 500,000
If 2019 is the base year, what is the percentage increase in sales from 2019 to 2021?
A) 100%
B) 180%
C) 80%
D) 55.5%

Question

Quizplus · Accepted Answer

The percentage increase from 2019 to 2021 is calculated as ((2021 sales - 2019 sales) / 2019 sales) * 100 = ((900,000 - 500,000) / 500,000) * 100 = 80%.

Assume the Following Sales Data for a Company: 2022