Question

The Trans-Global Shipping Company has been forced to lay off workers due to a decrease in

revenue. Last year, the company had to lay off 80 people. This year, they have laid off 92
people. What is the percent of increase in the number of layoffs annually?

Answer 1

7%

Explanation:

take 92 minus 80 which equals 12 the difference in years of layoffs

next take 12 divided by the total of 92 plus 80 (172) equals .0697

next multiply by 100 to create a percent so 6.97% rounded up equals 7%