In 2010, Hooverville consumed 205,000 tons of sugar. In 2011, sugar consumption rose to 245,000 tons. Calculate the percentage change in sugar consumption.
A) 8.37%
B) 11.95%
C) 19.51%
D) 26.33%

Question

Quizplus · Accepted Answer

To calculate the percentage change in sugar consumption from 2010 to 2011, we use the formula:

Percentage change = ((new value - old value) / old value) x 100%

Plugging in the numbers:

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 2010, Hooverville Consumed 205,000 Tons of Sugar