Question 75870
Use the formula for percent increase:
(New amount) - (Old amount)/(Old amount) x 100%
(104,000-80,000)/80,000 x 100% = 30% [Plug-in the values]
.
Checking: 80,000 X 30% = 80,000 x .30 = 24,000
80,000 + 24,000 = 104,000 [checks out]