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Last year, the average monthly revenue at the Westford Times newspaper was $54,460.70. This year, the average monthly revenue so far has bee
Question
Last year, the average monthly revenue at the Westford Times newspaper was $54,460.70. This year, the average monthly revenue so far has been $70,798.91. What is the percent of increase in the average monthly revenue?
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Mathematics
4 years
2021-07-31T14:26:25+00:00
2021-07-31T14:26:25+00:00 1 Answers
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Answer:
30% increase
Step-by-step explanation:
The percentage change can be computed from …
percent change = ((new value)/(old value) -1) × 100%
= (70798.91/54460.7 -1) × 100% = (1.30 -1) × 100%
= 30%
The average monthly revenue increased by 30% from last year.