Find the Percent change. Indicate whether it is an increase or a decrease. Round to the nearest percent. SOLVE AND SHOW WORK

Question

33. When the new machine was introduced, the output went from 24 to 80 units per day.

Answer 1

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.