Question

the sales of company X in 2000 were 62.5% of its sales in 2008. What is the percent increase in sales from 2000 to 2008?​
A) 37.5
B)40
C)60
D)62.5
E)166

Answer 1

Let  100% be the sales in 2008, then the sales in 2000 were (62.5%)

Now apply te growth formula: Growth = (100% - 62.5%)/(62.5%) = 0.6 or 60%

=>c)