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How do you calculate year-to-year percentage annual growth in total net sales?
Wiki User
∙ 10y ago
To calculate percentage growth do the following three-step calculation.
Let's say your sales this year were $1 million. Last year, your sales were $750,000.
First, subtract last year's sales from this year's sales.
So, $1 million - 750,000 = 250,000
Then, divide the answer by last year's sales.
So 250,000/750,000 = .33
To express this as a percentage, multiply the decimal by 100
So .33 x 100 = 33
Your year-to-year percentage annual growth is 33%.
Let's recap:
(Current Sales - Previous Sales) / Previous Sales x 100 = Percentage Growth
Wiki User
∙ 10y ago
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