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Assume the following sales data for a company: Current year $783,892 Preceding year 641,575 What is the percentage increase in sales from the preceding year

Assume the following sales data for a company:

	Current year	$783,892
	Preceding year	641,575

What is the percentage increase in sales from the preceding year to the current year (rounded to one decimal place)?

a.40.3%

b.18.2%

c.4.0%

d.22.2%

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