Find the Percent change. Indicate whether it is an increase or a decrease. Round to the nearest percent. SOLVE AND SHOW WORK
33. When the new machine was introduced, the output went from 24 to 80 units per day.
First, we need to find the difference between the old and new output:
80 - 24 = 56
Next, we need to find the percent change by taking the difference and dividing it by the original value:
56/24 ≈ 2.33
Lastly, we multiply by 100 to convert to a percentage:
2.33 x 100 ≈ 233%
Since the percent change is greater than 100, this indicates an increase. Therefore, the answer is:
233% increase.