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?

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.