In one year, the production at a factory increases in value from $100 000 to $200 000. The percentage increase is
Question
In one year, the production at a factory increases in value from 200 000. The percentage increase is
Solution
To calculate the percentage increase:
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First, find the difference in value. In this case, it's 100,000 (the initial value), which equals $100,000.
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Next, divide the difference by the original value. So, 100,000 (the original value) equals 1.
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Finally, multiply the result by 100 to get the percentage. So, 1 times 100 equals 100.
Therefore, the percentage increase in the production value at the factory is 100%.
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