How to determine the increase or decrease percentage in the following expenditures per year?2018 = 101,363, XXXXXXXXXX = 108,868, XXXXXXXXXX = 118,302,219.57And what would be the estimated projection...

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How to determine the increase or decrease percentage in the following expenditures per year?2018 = 101,363,357.112019 = 108,868,680.542020 = 118,302,219.57And what would be the estimated projection for year 2021 and year 2022 based on these figures?
Answered Same DayOct 03, 2021

Answer To: How to determine the increase or decrease percentage in the following expenditures per year?2018 =...

Harshit answered on Oct 04 2021
155 Votes
In the year 2018 the expenditure was at 101,363,357.11 and the same was at 108,868,680.54 which finally increased to 118,302,219.57 in the year 2020. From the above we can see that the expenditure has been continuously increasing. Between the years 2018 and 2019, the expenditure increased by 7,505,323.43 (108,868,680.54 - 101,363,357.11) which is an approximate increase by 7.40% (7,505,323.43 / 101,363,357.11 * 100) and between the years 2019 and 2020 the expenditure increased by 9,433,539.03...
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