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The production of a company A increased by 25% from 1994 to 1995, and its production further increased by 60% from 1995 to 1996. What is the total percent increase in production of the company from 1994 to 1996?1). 85%2). 90%3). 100%4). Cannot be determined |
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Answer» <P>Percent increase in PRODUCTION of the company from 1994 to 1995 = 25%; Percent increase in production of the company from 1995 to 1996 = 60%; ∴ Required NET percent increase from 1994 to 1996 = {25 + 60 +(25 × 60)/100}% ⇒ $(85 + 15)% = 100% ∴ P$roduction of the company is INCREASED from 1994 to 1996 by 100%. |
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