If Smith Corporation has $19,900.00 worth of inventories in 2018 and $24,700.00 in 2019, what is the percentage of increase?

Algebra and Trigonometry (6th Edition)
6th Edition
ISBN:9780134463216
Author:Robert F. Blitzer
Publisher:Robert F. Blitzer
ChapterP: Prerequisites: Fundamental Concepts Of Algebra
Section: Chapter Questions
Problem 1MCCP: In Exercises 1-25, simplify the given expression or perform the indicated operation (and simplify,...
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If Smith Corporation has $19,900.00 worth of inventories in 2018 and $24,700.00 in 2019, what is the percentage of
increase?
O a. 24.12%
O b. 80.57%
O c. 19.43%
O d. 414.58%
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Transcribed Image Text:If Smith Corporation has $19,900.00 worth of inventories in 2018 and $24,700.00 in 2019, what is the percentage of increase? O a. 24.12% O b. 80.57% O c. 19.43% O d. 414.58% Type here to search 24
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