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If the sales of Product A in Q1 were 200 units, what was the percentage increase
Practice Questions
Q1
If the sales of Product A in Q1 were 200 units, what was the percentage increase in sales by Q2?
50%
100%
25%
75%
Questions & Step-by-Step Solutions
If the sales of Product A in Q1 were 200 units, what was the percentage increase in sales by Q2?
Steps
Concepts
Step 1: Identify the sales of Product A in Q1, which is 200 units.
Step 2: Identify the sales of Product A in Q2, which is 350 units.
Step 3: Calculate the increase in sales from Q1 to Q2 by subtracting Q1 sales from Q2 sales: 350 - 200 = 150 units.
Step 4: To find the percentage increase, divide the increase in sales (150 units) by the Q1 sales (200 units): 150 / 200.
Step 5: Multiply the result from Step 4 by 100 to convert it to a percentage: (150 / 200) * 100 = 75%.
Step 6: Conclude that the percentage increase in sales from Q1 to Q2 is 75%.
Percentage Increase
– The calculation of how much a value has increased in relation to its original value, expressed as a percentage.
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