Net income was 550,000 in 2015, 500,000 in 2016, and 525,000 in 2017. What is the percentage

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Net income was €550,000 in 2015, €500,000 in 2016, and €525,000 in 2017. What is the percentage of change from?
(a) 2015 to 2016 and
(b) 2016 to 2017? Is the change an increase or a decrease?
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Financial Accounting

ISBN: 978-1118978085

IFRS 3rd edition

Authors: Jerry J. Weygandt, Paul D. Kimmel, Donald E. Kieso

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