TNT Guitars sales were 13600 in 2016 and 12000 in 2015 The p

TNT Guitar\'s sales were $13,600 in 2016 and $12,000 in 2015. The percentage change in TNT\'s sales from 2015 to 2016 was. (Round your final answer to two decimal places. X.XX% ) OA. O B. -13.33%. -11.76% +13.33% +11.76%. 0 C. OD.

Solution

The Answer is “C. +13.33%”

Percentage change in sales = [ (Current Year Sales – Last Year Sales) / Last Years Sales ] x 100

= [($13,600 – 12,000) / 12,000] x 100

= [$1,600 / 12,000] x 100

= + 13.33%