Question

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?

Answer 1

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%