Calculate their revenue this year.

Question

Revenues of Saphire Inc. rose by 250% from last year. If their revenue last year was $840,000.00, calculate their revenue this year.

Answer 1

250% = 2.5

2.5 x 840,000 = 2,100,000

840,000 + 2,100,000 = $2,940,000.00 = this year's revenue

or

just multiply 840K by 3.5 = = 2940K where K= one thousand dollars

if it rose by 0% it would be the same as the prior year

if it rose by 100%, it would be double the prior year

if it rose by 200% it would be 3 times the prior year

if it rose by 250% it would be 3.5 times the prior year