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27 April, 15:07

If if the branding division were to experience the same percentage increase from year 2 to year 3 as they did from year 1 to year 2, what would the branding division's revenue be in year 3 (rounded) ? year 1 1.1% year2 32%

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  1. 27 April, 15:11
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    Since the basis is from year 1 to year 2, calculate first for the difference of their percentages. That would be:

    Difference = year 2 - year 1

    Difference = 2.32% - 1.1% = 1.22%

    We apply this same value of percentage increase from year 2 to year. Thus, the percentage for year 3 is:

    % Year 3 = % Year 2 + percentage increase

    % Year 3 = 2.32% + 1.22%

    % Year 3 = 3.54%
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