Question

Last month sales were £180 000 this month sales reached £196 000 what percentage increase is this

Answer 1

Answer:

Step-by-step explanation:

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Answer 2

Given:

Last month's sales=£1,80,000

Current month's sales= £196000

To find:

The percentage increase

Solution:

The required increase is 8.8%.

We can obtain the increase by dividing the increase in sales by the previous month's sales and multiplying by 100.

The increase in sales=Current month's sales-Last month's sales

Using values, we get

=£1,96,000-£1,80,000

=£16,000

Now, the required percentage=Increase in sales/last month's sales×100

On putting the values, we get

=16,000/1,80,000×100

=160/18

=80/9

=8.8%

Therefore, the required increase is 8.8%.