During 2003, the production of a factory
decreased by 25%. But, during 2004, it
(production) increased by 40% of what it was
at the beginning of 2004. Calculate the
resulting change increase or decrease) in
production during these two years.
Answers
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Answer:
Let at the start of 2003, production = 100
Decrease = 25%
∴ New production = 100 – 25 = 75
In 2004, it is increased by 40%
∴ Increase = (75 × 40)/100 = 30
∴ New production = 75 + 30 = 105
∴ Resulting change in two years (Increase)
= 105 – 100 = 5
∴ Percentage change in increase
= 5/100 × 100 = 5%
Step-by-step explanation:
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