Question #0b870

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Question #0b870

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Answer 1 · 2016-12-15T18:44:35

There was a 25 percent or 25% increase in sales.

Explanation:

The formula for determining the percent change in two values over time is:

$p = \frac{N - O}{O} \cdot 100$ $p = (N - O)/O*100$

Where $p$ $p$ is the percent change, $N$ $N$ is the New Value and $O$ $O$ is the Old Value. In this problem we are given the New Value (60) and the Old Value (48) which we can substitute into the formula to calculate $p$ $p$ :

$p = \frac{60 - 48}{48} \cdot 100$ $p = (60 - 48)/48*100$

$p = \frac{12}{48} \cdot 100$ $p = 12/48*100$

$p = \frac{1}{4} \cdot 100$ $p = 1/4*100$

$p = \frac{100}{4}$ $p = 100/4$

$p = 25$ $p = 25$

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Question #0b870

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