Problema Solution
The population of a town increased from 3950 in 2008 to 5850 in 2011. Find the absolute and relative (percent) increase.
Answer provided by our tutors
Absolute change refers to the simple difference:
Absolute increase = 5850 - 3950
Absolute increase = 1,900
Relative change expresses the absolute change as a percentage of the value in the first period:
Relative increase = Absolute increase/3950
Relative increase = 1900/3950
Relative increase = 0.4810
Relative increase percent = 48.10%