Question

. A company that made $2.4 million in profits the previous year is on pace to make $3 million in the current year. If
the company makes this figure, which of the following is the percent increase in profits?
16.
..
A. 6%
B. 11%
C.20%
D.25%

Answer 1

3.0 - 2.4 = .6

.6/2.4 = .25%

Answer 2

20% increased

if 3m is 100% then 2.4 is what or X
Ratio
3:100::2.4:X
calculate it

Answer 3

240000000/3000000=80
100-80= 20%

Answer 4

X= 240000000/3000000=80%
100%-80%= 20%