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3 February, 03:03

A company that makes 2.4 million in profits the previous is on pace to make$ 3 million in the current year. If the company makes this figure, what will be the percentage of the profit increase?

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  1. 3 February, 03:59
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    The absolute increase in profit is 3 - 2.4 = $0.6m

    Find this as a percentage of the original profit:

    0.6/2.4 * 100 = 25%
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