Question

Currently the UK market for Salt Pipes is worth €1.85m. It is estimated that over the next 3 years this will

Increase by around 225%.
04:Calculate the anticipated value of the UK salt pipe market in 3 years' time (4)
£1.85m - increases by 225%
1.85m/1000.0185
0.0185 * 1%
0.0185 x 225 4.1625
£1.85m 44.1625 s £6.0125
1
I

Answer 1

€4.1635

Step-by-step explanation:

The current market is worth €1.85m

In the next three years , it will increase by 225%

The value in three years time will be 225% of €1.85m

=225/100 x €1.85m

=2.25 x €1.85m

= €4.1635