A store reported total sales of $416 million for February of this year. If the total sales for the same month last year was $320 million, approximately what was the percent increase in sales?	Choose the correct answer: A) 2% B) 17% C) 30% D) 65% E) 83%
New Value – Old Value)/Old Value x 100   We are given:   February sales this year = 416 million   February sales last year = 320 million   We need to determine the percent increase between sales from last year to sales this year.   Thus, the new value = 416 million and the old value = 320 million. Let’s plug them into our percent change formula.   (New Value – Old Value)/Old Value x 100   [(416 – 320)/320] x 100 =30%   The answer is 30%.
<result>C</result>
A store reported total sales of $416 million for February of this year. If the total sales for the same month last year was $320 million, approximately what was the percent increase in sales?