what is the % of variance for 148,000-$210,000

Question

Question

business accounting

Answer 1

Answer #1

Variance % =(new_value - old_value) / old_value *100

If new value is $210000 and old value is 148000

Than. 210000-148000/148000*100 =62000/148000*100

41.89%(approx)

Answer 2

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