B) 15%
C) 20%
D) 115%
Here’s How to Crack It
First, you need to get the data from the chart. In 2004, the chart shows that there were approximately
730,000 visitors to Arches. In 2006, the chart shows that there were about 830,000 visitors to the park.
Now, it’s time to use the percent change formula. The difference is about 100,000 and the original is the
730,000 visitors in 2004:
% increase = × 100 ≈ 15%
The correct answer is (B).
Percentages: Advanced Principles
Another aspect of percent questions may relate to things that increase or decrease by a certain percent
over time. This is known as “growth and decay.” Real world examples include population growth,
radioactive decay, and credit payments, to name a few. While Plugging In can help on these, it is also
useful to know the growth and decay formula.
When the growth or decay rate is a percent of the total population:
final amount = original amount (1 ± rate)number of changes
Let’s see how this formula can make quick work of an otherwise tedious question.
23.Becca deposits $100 into a bank account that earns an annual interest rate of 4%. If she
does not make any additional deposits and makes no withdrawals, how long will it take
her, in years, to increase the value of her account by at least 60% ?
A) 12
B) 15
C) 25
D) 30
Here’s How to Crack It
You could add 4% to the account over and over again until you get to the desired amount, but that would
take a long time. Knowing the formula will make it a lot easier. First, set up the equation with the things