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What was the sales growth rate from Q2 to Q3 in the line chart?

Practice Questions

Q1
What was the sales growth rate from Q2 to Q3 in the line chart?
  1. 15%
  2. 25%
  3. 30%
  4. 35%

Questions & Step-by-Step Solutions

What was the sales growth rate from Q2 to Q3 in the line chart?
  • Step 1: Identify the sales figure for Q2 from the line chart. In this case, it is 120.
  • Step 2: Identify the sales figure for Q3 from the line chart. In this case, it is 150.
  • Step 3: Calculate the difference in sales between Q3 and Q2. This is done by subtracting Q2 sales from Q3 sales: 150 - 120 = 30.
  • Step 4: Calculate the growth rate by dividing the difference by the Q2 sales figure: 30 / 120 = 0.25.
  • Step 5: Convert the growth rate into a percentage by multiplying by 100: 0.25 * 100 = 25%.
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