When everything, including the fractions of 20% and 60%, is being considered as percentages, why is the answer 200 and not 2? Isn’t the 2 already a percentage?
The number of employees that owned a cell phone rose three times. Remember that a doubling is the same as a 100% increase.
Doesn’t the answer say it is a 2% increase though?
It’s a 2 times increase - the steps simply show that the number of employees owning a cell phones increased by 2 times (i.e, 200%) between these two years.
Hi sayem619,
In the matter of percentage increase and percentage decrease, you must multiply the end result by 100, i.e, [(0.6 - 0.2)/0.2] = 2, which is when, multiplied by 100, i.e, [2x100=200%].
Moreover, you can think about it more intuitively,
Like, what is double( or, 100%) of 20? It is 20, so how any times 20 required to reach 60, it is 3 times adding 20, i.e, 20+20+20 = 60, or 20x3 = 60.
Therefore 60 is 200% increment of 20.
Hope so, you will get it right now