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


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