Question

A company sold 51,644 cars in 1997, it. Sold 54,244 cars, find the percentage increase in sales correct to two decimal places

Answer 1

5.03%

Explanation:

Given data

initial number= 51,644 cars

final number= 54,244

% increase= final -initial/initial*100

% increase= 54,244 -51,644/51,644*100

% increase= 2600/51,644*100

% increase=0.05034466733*100

% increase=5.03%

Hence the percent increase is 5.03%