Assume the Following Sales Data for a Company $$\begin{array} { l r } 2008 & \$ 1,000,000 \\2007 & 900,000 \\2006 & 750,000 \\2005 & 500,000\end{array}$$

question 40

Multiple Choice

Assume the following sales data for a company $$\begin{array} { l r } 2008 & \$ 1,000,000 \\2007 & 900,000 \\2006 & 750,000 \\2005 & 500,000\end{array}$$
If 2005 is the base year, what was the percentage increase in sales from 2005 to 2007?

• A)100%
• B)180%
• C)80%
• D)55.5%