A company's sales in Year 1 were $260,000 and in Year 2 were $297500.

Using Year 1 as the base year, the percentage change for Year 2 compared to the base year is:

a. 114%.

b. 14%.

c. 13%.

d. 100%

e. 87%

b. 14%.

Explanation:

As per given data

Sale in year 1 = $260,000

Sale in year 2 = $297,500

Base year id year 1

Change in sales = Year 2 sales - year 1 Sales

Change in sales = $297,500 - $260,000

Change in sales = $37,500

Change in sales as percent = ($37,500 / 260,000) x 100

Change in sales as percent = 0.1442 x 100 = 14.42% = 14% (rounded off to nearest whole percentage)