Based on the sales we observe in 2021 and those in 2022, the percentage increase in sales is 25%.
In 2021, the company had sales of 700,000.
In 2022 this went to 875,000.
The percentage increase is:
= (Sales in 2022 - Sales in 2021) / Sales in 2021 x 100%
= (875,000 - 700,000) / 700,000 x 100%
= 25%
In conclusion, the sales increased by 25% from 2021 to 2022.
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