Assume the Following Sales Data for a Company $$\begin{array} { l r } \text { Current year } & \$ 325,000 \\\text { Preceding year } & 250,000\end{array}$$

Multiple Choice

Assume the following sales data for a company: $$\begin{array} { l r } \text { Current year } & \$ 325,000 \\\text { Preceding year } & 250,000\end{array}$$
What is the percentage increase in sales from the preceding year to the current year?

A) 70%
B) 76.9%
C) 30%
D) 50%