Assume the Following Sales Data for a Company $$\begin{array} { r r } 2022 & \$ 980,000 \\2021 & 875,000 \\2020 & 700,000\end{array}$$

question 120

Multiple Choice

Assume the following sales data for a company: $$\begin{array} { r r } 2022 & \$ 980,000 \\2021 & 875,000 \\2020 & 700,000\end{array}$$ If 2020 is the base year what is the percentage increase in sales from 2020 to 2021?

• A)140%
• B)125%
• C)40%
• D)25%

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