In 2015, Hooverville consumed 205,000 tons of sugar.In 2016, sugar consumption rose to 245,000 tons.Calculate the percentage change in sugar consumption.

Question

Quizplus · Accepted Answer

To find the percentage change, we need to use the formula:

Percentage change = ((new amount - old amount) / old amount) x 100

Using the given values, we get:

Percentage change = ((245,000 - 205,000) / 205,000) x 100
Percentage change = (40,000 / 205,000) x 100
Percentage change = 0.1951 x 100
Percentage change = 19.51%

Therefore, the correct answer is C) 19.51%.

In 2015, Hooverville Consumed 205,000 Tons of Sugar