Answer:
b. 14%.
Explanation:
As per given data
Sale in year 1 = $260,000
Sale in year 2 = $297,500
Base year id year 1
Change in sales = Year 2 sales - year 1 Sales
Change in sales = $297,500 - $260,000
Change in sales = $37,500
Change in sales as percent = ( $37,500 / 260,000 ) x 100
Change in sales as percent = 0.1442 x 100 = 14.42% = 14% (rounded off to nearest whole percentage)