A store reported total sales of $385 million for February of this year. If the total sales for the same month last year was $320 million, approximately what was the percent increase in sales?

Correct answer marked below

17%

20%

Correct

65%

83%

You can see the correct answer above. Sign in for free to unlock the complete worked solution.

Get detailed analytics, unlock full explanations, and move up difficulty tiers as you practice.

Explanation

Create a free account to reveal the correct answer, see the step-by-step explanation, and start tracking your GMAT progress.

Comments

Be the first to share your thoughts and help others understand it better.

What this question tests

Your ability to compute percentage change, percentage of a whole, and to work backwards from a final value.

Treating successive percentage changes as additive — a 10% rise then a 10% fall is not back to the start.