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The population of town was 12,000 and te...

The population of town was 12,000 and ten years it was 16,000. What was the percent increase in the population of the town during this period?

A

`33 1/3 %`

B

`50 %`

C

`75%`

D

`80%`

Text Solution

AI Generated Solution

The correct Answer is:
To find the percent increase in the population of the town over a period of ten years, we can follow these steps: ### Step-by-Step Solution: 1. **Identify the Initial and Final Population:** - Initial population (10 years ago) = 12,000 - Final population (now) = 16,000 2. **Calculate the Increase in Population:** - Increase = Final Population - Initial Population - Increase = 16,000 - 12,000 = 4,000 3. **Use the Percent Increase Formula:** - Percent Increase = (Increase / Initial Population) × 100 - Percent Increase = (4,000 / 12,000) × 100 4. **Simplify the Calculation:** - Percent Increase = (4,000 / 12,000) × 100 = (1/3) × 100 5. **Calculate the Final Percent Increase:** - Percent Increase = (100 / 3) ≈ 33.33% ### Final Answer: The percent increase in the population of the town during this period is approximately **33.33%**. ---
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