I am struggling to answer a question, please could someone help explain this is simply as possible! Here is the question:
The revenue generated by a new software in detecting plagiarism amongst student’s work in 2004 was £2.1m. The same software in 2005 now generated £2.3m.
If the RPI was 186.7 in 2004 and
192.0 in 2005,
what is the real increase in revenue?
Give your answer to 2
decimal places. (If the answer is £5.45m then just enter 5.45).