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24 September, 15:28

Topdog is a toy company, whose profit/sales percentage is 13% in 2015, 16% in 2016 and 20% in 2017. Assuming simple trend, what is the predicted profit/sales % of this company for 2018?

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  1. 24 September, 15:31
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    25%

    Explanation:

    Using simple trend, to calculate the predicted sales/profit of 2018, we use;

    (percentage sales of 2017 - percentage sales of 2016) : percentage sales of 2016.

    we have,

    percentage sales in 2018 = 20 - 16

    16

    = 4

    16

    = 0.25.

    Percentage sales in 2018 = 25% i. e 0.25 x 100%

    Cheers.
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