The sales of a particular brand of children’s athletic shoes rose from $4,800,000 to $5,400,000. Find the percent of increase in sales. Round to the nearest tenth of a percent, if necessary.

Question

12.5%

0.1%

88.9%

11.1%

Answer 1

To find the percent increase in sales, first calculate the difference between the new sales and the old sales:

$5,400,000 - $4,800,000 = $600,000

Next, divide the difference by the old sales and multiply by 100 to get the percent increase:

$600,000 / $4,800,000 * 100 = 12.5%

Therefore, the percent increase in sales is 12.5%.