Question

A company's sales in year 1 were $300,000, year 2 were $351,000, and year 3 were $400,000. using year 2 as a base year, the sales percent for year 3 is ___.

Answer 1

113.96%

(Year 3/Year 2) *100=

($400,000/351,000) *100=

(1.1396)*100 = 113.96%