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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 100,000to100,000 to 200,000. The percentage increase is

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Solution

To calculate the percentage increase:

  1. First, find the difference in value. In this case, it's 200,000(thefinalvalue)minus200,000 (the final value) minus 100,000 (the initial value), which equals $100,000.

  2. Next, divide the difference by the original value. So, 100,000(thedifference)dividedby100,000 (the difference) divided by 100,000 (the original value) equals 1.

  3. 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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