Credit managment and cotrol practice test myaat

MWAUGH1983

Hi,

On th practice test it has on question 2.2 a on the filling in blank question that revenue has increased by 12.5%. Anyone any idea how this is derived?

Cheers
Martin

SandyHood

Z Limited had Sales Revenue in 2010 of £8,000,000
Sales Revenue in 2011 of Followed bnyb£9,000,000
An increase ofFollowed bnnnnnnnnnnyb £1,000,000

£1,000,000 is 12.5% of £8,000,000

Found by: £1,000,000 x 100 = 12.5%
nnnnnnnnn£8,000,000

MWAUGH1983

Cheers sandy thats a great help!