My Learning Cart
?
Categories
Account

A company's revenue increased from $1,000,000 to $1,200,000. What is the percent

₹0.0
Login to Download
  • 📥 Instant PDF Download
  • ♾ Lifetime Access
  • 🛡 Secure & Original Content

What’s inside this PDF?

Question: A company\'s revenue increased from $1,000,000 to $1,200,000. What is the percentage increase in revenue?

Options:

  1. 20%
  2. 15%
  3. 25%
  4. 30%

Correct Answer: 20%

Solution: 

Percentage Increase = ((New Revenue - Original Revenue) / Original Revenue) * 100 = ((1200000 - 1000000) / 1000000) * 100 = (200000 / 1000000) * 100 = 20%.

A company's revenue increased from $1,000,000 to $1,200,000. What is the percent

Practice Questions

Q1
A company's revenue increased from $1,000,000 to $1,200,000. What is the percentage increase in revenue?
  1. 20%
  2. 15%
  3. 25%
  4. 30%

Questions & Step-by-Step Solutions

A company's revenue increased from $1,000,000 to $1,200,000. What is the percentage increase in revenue?
  • Step 1: Identify the original revenue, which is $1,000,000.
  • Step 2: Identify the new revenue, which is $1,200,000.
  • Step 3: Calculate the increase in revenue by subtracting the original revenue from the new revenue: $1,200,000 - $1,000,000 = $200,000.
  • Step 4: Divide the increase in revenue by the original revenue: $200,000 / $1,000,000.
  • Step 5: Calculate the result of the division: $200,000 / $1,000,000 = 0.2.
  • Step 6: Convert the result into a percentage by multiplying by 100: 0.2 * 100 = 20%.
  • Step 7: The percentage increase in revenue is 20%.
  • Percentage Increase – The calculation of how much a value has increased in relation to its original value, expressed as a percentage.
Soulshift Feedback ×

On a scale of 0–10, how likely are you to recommend The Soulshift Academy?

Not likely Very likely
Home Practice Performance eBooks