A company's annual revenue increased from $50 million in Year 1 to $65 million in Year 2. What was the percentage increase in revenue?

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B) 30%. Percentage increase is calculated as ((New Value - Old Value) / Old Value) * 100%. The increase is $65 million - $50 million = $15 million. So, ($15 million / $50 million) * 100% = 0.3 * 100% = 30%.

A company's annual revenue increased from $50 million in Year 1 to $65 million in Year 2. What was the percentage increase in revenue?

✓ Correct Answer: Option B

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