Assume the following sales data for a company: 2023 $968000
2022 880440
2021 638000

If 2021 is the base year, what is the percentage increase in sales from 2021 to 2022?

Percentage increase= 38%

Explanation:

Giving the following information:

Sales:

2022= $880,440

2021= $638,000

To calculate the percentage increase in sales, we need to use the following formula:

Percentage increase= [(2022/2021) - 1]*100

Percentage increase= [(880,440/638,000) - 1]*100

Percentage increase= 38%

c

explanation:

you have to put the parentheses like this:

in fact, you have to perform the operation inside parentheses first, and then proceed in order: