A companys sales are 285000 and 200000 during the current an
A company\'s sales are $285,000 and $200,000 during the current and prior years, respectively. The percentage change is:
A)130%.
B)42.5%.
C)70%.
D)29.8%.
Solution
`=42.5%
Answer: Option B
| % of Change in Sales | `=Current year-Previous year/Previous year |
| `=(285000-200000)/200000 | |
| `=42.5% Answer: Option B |