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QUESTION 6 of 10: If a stadium increases its profit margin from $350,000 to $750,000, what is the percentage increase in profit margin?
a) 14 percent
Ob) 21 percent
C) 114 percent
d) 214 percent

Respuesta :

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The answer is 114%.

It can't be 214% as it hasn't been tripled, and it can't be 14% or 21% as the number has doubled.

750000/350000 = 2.142857

You have to remove 1 from that answer as it represents the original number (350000), so you then have 1.142857 which can then be rounded to 1.14. 100% is equal to 1, so 1.14 is equal to 114%.

Answer:

114 percent

Explanation:

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