Question

A company earned a profit of 880,000 last year and 970,000 this

year. What is the percent change in a profit between the two years?​

pls help due today:(
Please explain:(

Answer 1

-9.28%

Explanation:

Subtract the prior accounting period's profit from the current accounting period's profit. The result gives you the numerical change in profit.

970000-880000= 90000

90000 in percentage = -9.28

Answer 2

-9.28%

Explanation:

Subtract the prior accounting period's profit from the current accounting period's profit. The result gives you the numerical change in profit.

970000-880000= 90000

90000 in percentage = -9.28%