From the table, what is the growth rate of sales from Year 1 to Year 2?
Practice Questions
Q1
From the table, what is the growth rate of sales from Year 1 to Year 2?
10%
20%
30%
40%
Questions & Step-by-Step Solutions
From the table, what is the growth rate of sales from Year 1 to Year 2?
Growth Rate Calculation – The growth rate is calculated by taking the difference between the new value and the old value, dividing by the old value, and then multiplying by 100 to get a percentage.
