Answer:
17%
Explanation:
Formula to be used:
Percent of increase = Final number ÷ Original number x 100
Substitute
109,980 ÷ 94,000 = 1.17
Multiply
1.17 x 100 = 117%
Since 100% was 94,000, and the final value is 117% of the original value, then subtract 100 from 117, to get the percent of increase.
117 - 100 = 17
Total Increase 17%