In the past year, XYZ Corporation reported sales of $1.17 x 10^6. The year before, the company's sales were $9.00 x 10^5. What was the percentage change in sales?
The sales of XYZ Corporation in 2 consecutive years were $ 9.00* 105 and $ 1.17*106 respectively.
The change in sales is $ 1.17*106 - 9.00* 105 = $ 0.27 *106 or, $ 2.7* 105.
Thus, the percentage increase in the sales of XYZ Corporation is (2.7* 105 /9.00* 105)*100 % = 30 %.
In the past year, XYZ Corporation reported sales of $1.17 x 10^6. The year before, the...
In the past year, XYZ Corporation reported sales of $1.17 x 10^6. The year before, the company's sales were $9.00 x 10^5. What was the percentage change in sales? Can I please receive a step by step on how to solve this?
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