Question

The owner of an organic pet food store would like to analyze the sales data to determine if the

business is growing, declining or remaining flat. The owner has the following data:
Sales Revenue Last Year = $350,000
Sales Revenue Current Year = $402,500
What is the sales growth?
0000
13%
10%
15%
17%

Answer 1

Growth sales 15%

Step-by-step explanation:

Let's make a proportion:

$350,000 - 100%

$402,500 - X%

X = $402,500 * 100% / $350,000 ≈ 115%

Growth sales:

115% - 100% = 15%