At the End of This Month, an Operation Had Achieved

question 11

Multiple Choice

At the end of this month, an operation had achieved sales of $15,000. In the previous month the operation achieved sales of $12,000. What was the operation's sales percentage increase for this month?

• A) 10%
• B) 15%
• C) 20%
• D) 25%

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Definitions:

Beginning

The point in time or space at which something starts.

Yearly Payments

Payments that are made once a year, often related to loans, annuities, or insurance policies.

Annual Payments

Regular amounts paid once a year, often used in the context of loan repayments or investment returns.

Interest Rate

The amount charged by a lender to a borrower for the use of assets, expressed as a percentage of the principal.