Arburg industries, headquartered in Baden$-$W$$rttemberg in southern Germany, records all of it sales worldwide in Euros. Its USA division realized sales of $3,465,000$ last year when the exchange rate was $$1\mathrm{.}11/$ and sales of $3,732,000$ this year when the exchange rate was $$1\mathrm{.}205/.$ What was the percent change in dollar revenues for Arburg for the USA division over the last year?

Question $31$Answer

a$.$

$5\mathrm{.}99\%$

b$.$

$-2\mathrm{.}03\%$

c$.$

$16\mathrm{.}92\%$

d$.$

$7\mathrm{.}71\%$