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akilahm3
akilahm3 akilahm3
  • 03-07-2016
  • Mathematics
Answered

a company that makes 2.4 million in profits the previous is on pace to make$ 3 million in the current year . If the company makes this figure , what will be the percentage of the profit increase?

Verified Answer :

DavidOrrell
DavidOrrell DavidOrrell
  • 03-07-2016

The absolute increase in profit is 3 - 2.4 = $0.6m

Find this as a percentage of the original profit:
0.6/2.4 * 100 = 25%

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