The percentage increase in sales from 2019 to 2020 is 25%.
What is sales?
A sale is a deal involving two or more people where tangible as well as intangible goods, services, as well as assets are exchanged for cash. On rare times, a seller may also receive assets. In the financial markets, a selling can also be defined as an agreement between a buyer and a seller regarding the purchase price and delivery details of a financial security. A sale is largely a contract between a vendor of a particular item or service as well as a buyer who is ready to pay for that good or service, regardless of the context.
Statement showing computations
Particular Amount
Sales in 2019 600,000
Sales in 2020 750,000
Increase in sales in $ =
750,000 - 600,000 150,000
Percentage increase =
150,000/600,000 25%
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