Due to improved layout and a fresh coat of paint on the walls, your restaurants weekly profit rose from $26,230 to $33,456. What is your percentage growth rate?

a) 26.2%

b) 27.5%

c) 33.4%

d) 35.1%

The correct answer is option b) 27.5%.

Explanation:

To begin, we must analyze the information we have.

We know that new restaurant earnings are now $ 33456 and old earnings were $ 26230.

In order to know what the percentage of earnings is, what we must do is divide the new earnings by the old ones:

33456 : 26230 = 1.27548 ...

As we can see, the result is 27.5%.

If you still have any doubts, we can get that percentage to check it:

(26230. 27.5) : 100 =

(721325) : 100 = 7213.5

That would be the amount of earnings, added to the initial amount:

7213.25 + 26230 = 33443.25 (Since the 27.5 percentage was not exact, we will have an approximate number).

Given this information we can say that the correct answer is option B.

b) 27.5%

Explanation:

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