Calculating the rate of increase in an algebraic word problem.

A manufacturer reports the production of 120,000 units in the third quarter of the year.
This is an increase of 15,000 units over production in the second quarter. What was
the rate of increase for the period?
a. 11.11%
b. 12.5%
c. 14.29%
d. 15%

© SolutionLibrary Inc. solutionlibary.com 9836dcf9d7 https://solutionlibrary.com/math/algebra/calculating-the-rate-of-increase-in-an-algebraic-word-problem-3e6

Solution Preview

...quarter, the # of units = 120,000 - 15,000
...