Question

Easy Cooking is a cooking supply company. Last year, the company sold a total of 5,340 ovens. This year, they sold 7,743 ovens. What is the percent of increase in the annual sales of ovens?

Answer 1

45%

Explanation:

Given data

Last year, the company sold a total of 5,340 ovens

This year, they sold 7,743 ovens

Percent increase= final-initial/initial*100

substitute

Percent increase= 7,743-5,340/5,340*100

Percent increase= 2403/5,340*100

Percent increase=0.45*100

Percent increase=45%

Hence the increase is 45%