SOLUTION: A company profits in the year 2000 were 1.5 million dollars. The same company had 10 million dollars in profits in 2013. What is the percent increase in profits from the year 2000
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Question 956134: A company profits in the year 2000 were 1.5 million dollars. The same company had 10 million dollars in profits in 2013. What is the percent increase in profits from the year 2000 to the year 2013?
Answer by stanbon(75887) (Show Source): You can put this solution on YOUR website!
A company profits in the year 2000 were 1.5 million dollars. The same company had 10 million dollars in profits in 2013. What is the percent increase in profits from the year 2000 to the year 2013?
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Quantity Increase:: 10-1.5 = 8.5 million
Percent Increase:: 8.5/1.5 = 5.667 = 566.67%
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Cheers,
Stan H.
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