If the sales of Product D in Q1 were 300 units, what was the percentage increase
Practice Questions
Q1
If the sales of Product D in Q1 were 300 units, what was the percentage increase in Q2?
20%
30%
40%
50%
Questions & Step-by-Step Solutions
If the sales of Product D in Q1 were 300 units, what was the percentage increase in Q2?
Step 1: Identify the sales of Product D in Q1, which is 300 units.
Step 2: Identify the sales of Product D in Q2, which is 420 units.
Step 3: Calculate the increase in sales from Q1 to Q2 by subtracting Q1 sales from Q2 sales: 420 - 300 = 120 units.
Step 4: To find the percentage increase, divide the increase by the Q1 sales: 120 / 300.
Step 5: Multiply the result by 100 to convert it to a percentage: (120 / 300) * 100 = 40%.
Step 6: Conclude that the percentage increase in sales from Q1 to Q2 is 40%.
Percentage Increase – Calculating the percentage increase involves finding the difference between the new value and the original value, dividing that difference by the original value, and then multiplying by 100.
