Question: If a company\'s profit increases from $200,000 to $250,000, what is the percentage increase in profit?
Options:
Correct Answer: 25%
Solution:
Percentage Increase = ((New Profit - Old Profit) / Old Profit) * 100 = ((250000 - 200000) / 200000) * 100 = (50000 / 200000) * 100 = 25%.