SOLUTION: 1. in 2011, a company had 374 franchises in china. this number is to increase to 700 by 2015. What is the percent increase?

Algebra ->  Percentage-and-ratio-word-problems -> SOLUTION: 1. in 2011, a company had 374 franchises in china. this number is to increase to 700 by 2015. What is the percent increase?      Log On


   

Question 1006165: 1. in 2011, a company had 374 franchises in china. this number is to increase to 700 by 2015. What is the percent increase?
Answer by fractalier(6550) About Me  (Show Source):
You can put this solution on YOUR website!
Percentage increase is found by
(700 - 374) / 374 then converted to a percent...or
376 / 374 = 1.005 = 100.5% increase (it over doubled...)