To determine a 10% growth rate over a previous month sales,you would take the previous month's sales and ________.
A)divide by 10%
B)multiply by 10%
C)multiply by 110%
D)divide by 110%

Question

Quizplus · Accepted Answer

To determine a 10% growth rate, we would need to increase the previous month's sales by 10%. Multiplying the previous month's sales by 110% (100% + 10%) would give us the new sales amount that includes the 10% growth.

To Determine a 10% Growth Rate Over a Previous Month