What is the percentage change in the cost of goods sold

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Year              Cost of Goods Sold

2017              $140,000

2016             $136,000

2015             $128,000

Question 1: If 2015 is the base year, what is the percentage change in the cost of goods sold from 2015 to 2017?

Option 1: 9.38%

Option 2: 6.25%

Option 3: 109.38%

Option 4: 106.25%

Reference no: EM132580574

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