Question #0b870

1 Answer
Dec 15, 2016

Answer:

There was a 25 percent or 25% increase in sales.

Explanation:

The formula for determining the percent change in two values over time is:

#p = (N - O)/O*100#

Where #p# is the percent change, #N# is the New Value and #O# is the Old Value. In this problem we are given the New Value (60) and the Old Value (48) which we can substitute into the formula to calculate #p#:

#p = (60 - 48)/48*100#

#p = 12/48*100#

#p = 1/4*100#

#p = 100/4#

#p = 25#