Question

In 1839, Georgia produced 326,000 bales of cotton . By 1860, the state produced 700,000 bales. What was the approximate percent of increase in the bales produced during that 21-year period?

Answer 1

Answer: 115% increase

Step-by-step explanation: To solve, we need to subtract the first value fro the second value. The formula is Percent Change = ((Second Value – First Value) ÷ First Value) x 100%

700,000-326,000=374,000. Then, divide the difference by the first value.

374,000÷326,000=1.1472392638≈1.15

1.15×100%=115%

Thus, the approximate percent of increase in the bales produced during that 21-year period is 115% increase