Thread: growth

Company A sales were up 6% from last year. Company B sales were up 3% from last year. Is it safe to say that the increase in A was 2 times that of B. If company C has a sales loss of 6%, how many times is company A better than company C?

Equal Sales

A = B = C = 100

A(1+0.06) = 106 -- Up 6
B(1+0.03) = 103 -- Up 3 <== Yup. Half as much.
C(1-0.06) = 94 -- Down 6

UnEqual Sales

A = 1000
B = 10000
C = 100000

A(1+0.06) = 1060 -- Up 60
B(1+0.03) = 10300 -- Up 300 <== Nope. Lesser percentage and greater amount
C(1-0.06) = 94000 -- Down 6000

It's rather an odd question unless the intent was to be confusing and to emphasize the problems associated with comparing percentages only.