Question

A market research company estimated that the total amount of online retail sales in 2021 to be $132 billion, and the total online retail sales in 2022 to be $271 billion. What was the percentage change in online retail sales over this time period? _____ % Round to the nearest whole number.

Answer 1

Answer: 205%

Explanation:

Using simple algebra you can say if: 132 = 100% then 271 = ?%

132/100 = 271/?

You cross multiply and get 27100 = 132?

You divide both sides by 132.

You will get 205 = ?

Your percentage is 205%