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

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

Options:

Correct Answer: 30%

Solution:

Sales grew from 120 in Q2 to 150 in Q3, which is a growth rate of 25%.

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

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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