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Bunuel
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According to surveys at a company, 20 percent of the employees owned 13 Jul 2018, 00:46
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15% (low)

Question Stats:

82% (01:03) correct 18% (00:57) wrong based on 96 sessions

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According to surveys at a company, 20 percent of the employees owned cell phones in 1994, and 60 percent of the employees owned cell phones in 1998. From 1994 to 1998, what was the percent increase in the fraction of employees who owned cell phones?

A. 3%
B. 20%
C. 30%
D. 200%
E. 300%
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D
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According to surveys at a company, 20 percent of the employees owned 13 Jul 2018, 01:43
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percent increase = (percent change/original ) * 100%
= ((60% - 20%)/20%) * 100%
= 200%

Hence, D.
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According to surveys at a company, 20 percent of the employees owned Updated on: 13 Jul 2018, 04:36
Originally posted by KSBGC on 13 Jul 2018, 04:28.
Last edited by KSBGC on 13 Jul 2018, 04:36, edited 1 time in total.
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Bunuel
According to surveys at a company, 20 percent of the employees owned cell phones in 1994, and 60 percent of the employees owned cell phones in 1998. From 1994 to 1998, what was the percent increase in the fraction of employees who owned cell phones?

A. 3%
B. 20%
C. 30%
D. 200%
E. 300%
Show more


This question is about % change.

Formula : (new rate - old rate ) / old rate

Let assume the number of employees be 100.

1994 : 20
1998 : 60

Change in Number = 40


So,

(40 / 20) * 100

= 200 %

Thus the best answer is D.
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According to surveys at a company, 20 percent of the employees owned 13 Jul 2018, 04:31
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selim

So,

(40 / 20) * 100

= 200 %

Thus the best answer is B.
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D you mean ?...must be a typo
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According to surveys at a company, 20 percent of the employees owned 20 Jul 2022, 07:36
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According to surveys at a company, 20 percent of the employees owned cell phones in 1994, and 60 percent of the employees owned cell phones in 1998. From 1994 to 1998, what was the percent increase in the fraction of employees who owned cell phones?

A. 3%
B. 20%
C. 30%
D. 200%
E. 300%
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According to surveys at a company, 20 percent of the employees owned 20 Jul 2022, 22:57
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Bunuel
According to surveys at a company, 20 percent of the employees owned cell phones in 1994, and 60 percent of the employees owned cell phones in 1998. From 1994 to 1998, what was the percent increase in the fraction of employees who owned cell phones?

A. 3%
B. 20%
C. 30%
D. 200%
E. 300%
Show more

The fraction of employees who owned cell phones in 1994 was 20/100 = 1/5, and the fraction of employees who owned cell phones in 1998 was 60/100 = 3/5. Thus, the question becomes "3/5 is what percent greater than 1/5?". To answer this question, we can use the percent greater formula, which is [(new value - old value)/(old value)] * 100.

\(\Rightarrow\) Percent Greater = [(new value - old value)/(old value)] * 100

\(\Rightarrow\) Percent Greater = [(3/5 - 1/5)/(1/5)] * 100

\(\Rightarrow\) Percent Greater = [(2/5)/(1/5)] * 100

\(\Rightarrow\) Percent Greater = [2/5 * 5/1] * 100

\(\Rightarrow\) Percent Greater = 2 * 100 = 200%

Answer: D
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