Question #0b870

1 Answer
smendyka
Dec 15, 2016

There was a 25 percent or 25% increase in sales.

Explanation:

The formula for determining the percent change in two values over time is:

p = (N - O)/O*100

Where p is the percent change, N is the New Value and O is the Old Value. In this problem we are given the New Value (60) and the Old Value (48) which we can substitute into the formula to calculate p:

p = (60 - 48)/48*100

p = 12/48*100

p = 1/4*100

p = 100/4

p = 25

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