Respuesta :
In the given question, the absolute percentage increase is 1050 and the relative percentage increase is 32.3076%.
What is the percentage increase?
When you want to analyze how a value has evolved over time, a percentage increase is helpful.
Although percentage increase and absolute increase are fairly comparable, the former is more helpful when contrasting different data sets.
For instance, a change from 1 to 51 and a change from 50 to 100 both have an absolute change of 50, but the first change grew significantly more due to the higher percentage growth of 5000% compared to the second change of 100%.
The most popular method of assessing growth is percentage increase because of this.
So, the absolute and relative percentage increase is:
The town's population grew from 3,250 in 2008 to 4,300 in 2010.
2008: P1 = 3250
2010: P2 = 4330
Absolute variation:
Absolute difference = P2 - P1
Absolute difference = 4330 - 3250
Absolute difference = 1050
Relative increase:
Relative percentage = P2 - P1/P1 * 100
Relative percentage = 1050/3250 * 100
Relative percentage = 32.3076
Therefore, in the given question, the absolute percentage increase is 1050 and the relative percentage increase is 32.3076%.
Know more about percentage increase here:
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Correct question:
The population of the town increased from 3,250 in 2008 to 4,300 in 2010. Find the absolute and relative(percent) increase.
