assume the following sales data for a company 2015 1287000 2

assume the following sales data for a company
2015 1287000
2014. 780000

what is the percentage increase in sales from 2014 to 2015?

Solution

Calculation of percentage increase in sales from 2014 to 2015 Particulars Amount Sale for the year 2015 1287000 Sale for the year 2014 780000 Increase in sales ( $ 1,287,000 - $ 780,000) 507000 We have to calculate the % increase in sales from 2014 to 2015 So the our base year is 2014 Percentage increase in sales = (Increase in Sales / Sales of the year 2014) X 100 Percentage increase in sales = ($ 507,000 / $ 780,000) X 100 Percentage increase in sales = 0.65 X 100 Percentage increase in sales = 65% Answer = 65%