A company's revenue (in ) for five years is listed as:
* 2018 :
* 2019 :
* 2020 :
* 2021 :
* 2022 :
What is the percentage increase in revenue from 2020 to 2022?
- A
- B
- C
- D
Solution & Step-by-step Explanation
Given data values:
* Revenue in
* Revenue in
First, find the absolute increase in revenue from 2020 to 2022:
Now, compute the percentage increase relative to the base year (2020):
Therefore, the percentage increase in revenue is .
* Revenue in
* Revenue in
First, find the absolute increase in revenue from 2020 to 2022:
Now, compute the percentage increase relative to the base year (2020):
Therefore, the percentage increase in revenue is .