If Product D's sales in Q1 were 300 units, what was the percentage increase in s
Practice Questions
Q1
If Product D's sales in Q1 were 300 units, what was the percentage increase in sales by Q2?
10%
20%
30%
40%
Questions & Step-by-Step Solutions
If Product D's sales in Q1 were 300 units, what was the percentage increase in sales by Q2?
Step 1: Identify the sales in Q1, which is 300 units.
Step 2: Identify the sales in Q2, which is 390 units.
Step 3: Calculate the increase in sales by subtracting Q1 sales from Q2 sales: 390 - 300 = 90 units.
Step 4: To find the percentage increase, divide the increase by the Q1 sales: 90 / 300.
Step 5: Multiply the result by 100 to convert it to a percentage: (90 / 300) * 100 = 30%.
Step 6: Conclude that the percentage increase in sales from Q1 to Q2 is 30%.
Percentage Increase – Calculating the percentage increase involves finding the difference between the new and old values, dividing by the old value, and then multiplying by 100.
