Frames-for-All sells framed pictures to hotels and other corporations across the country. Last year, the company sold a total of

Question

Lunna [17]

1 year ago

15

Frames-for-All sells framed pictures to hotels and other corporations across the country. Last year, the company sold a total of

720,460 pictures. This year, they sold 972,621 picyures. What is the percent of increase in yearly sales?

Mathematics

1 answer:

Elis [28] · Answer 1 · 2024-05-21T13:19:01+03:00

The percent of increase in yearly sales is 35%.

<h2>What is a percentage increase?</h2>

A percentage increase means the eventual increase in the quantity in percent form. The percentage increase formula is use to compare growth in a quantity from the initial value to its final value over a period of time.

The formula for getting a percentage increase is "[(Final Value - Initial Value)/Initial Value] × 100"

Initial value = 720,460 pictures

Final value = 972,621 pictures.

The percentage increase:

= [(972,621 - 720,460] / 720,460} * 100

= 0.35 * 100

= 35%