SOLUTION: The table shows the revenue of a local automobile dealership. Find the percent of increase in the revenue fro 1998 to 2001. Round to the nearest tenth of a percent. 1998- 105000 2

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Question 841125: The table shows the revenue of a local automobile dealership. Find the percent of increase in the revenue fro 1998 to 2001. Round to the nearest tenth of a percent. 1998- 105000 2001- 315000
Answer by hamsanash1981@gmail.com(151) About Me  (Show Source):
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Difference in revenue = 315000 - 105000 = 210000
Number of intervals between 1998 - 2001 = 3
% increase = (last term - first term)/first term * no of intervals
% increase = %28210000%2F%28105000%2A3%29%29%2A100
=200/3
= 66.67%
The percentage increase is 66.67%