A store reported total sales of $385 million for February of this year. If the total sales for the same month last year was $340 million, approximately what was the percent increase in sales? Choose the correct choice from the following options.
A) 2%
B) 17%
C) 20%
D) 65%
E) 13%
New Value – Old Value)/Old Value x 100   We are given:   February sales this year = 385 million   February sales last year = 340 million   We need to determine the percent increase between sales from last year to sales this year.   Thus, the new value = 385 million and the old value = 340 million. Let’s plug them into our percent change formula.   (New Value – Old Value)/Old Value x 100   [(385 – 340)/340] x 100   65/340 x 100   ≈ 13%.   The answer is 13%.
<result>E</result>
A store reported total sales of $385 million for February of this year. If the total sales for the same month last year was $340 million, approximately what was the percent increase in sales?