A U.S.-based motorcycle manufacturer says that it expects to build 133 comma 000 motorcycles this year, up from 122 comma 000 last year. Find the percent of increase in production.

Percentage increase calculation is all about increment from a value to another value with respect to the percentage of the initial amount. When percentage increase is referred to, it means the quantity of increment from the initial amount or value to the final amount in terms of hundred portions of the initial amount.

The formula for calculating percentage increase from initial amount to the new amount =

(the difference between the initial and new quantities/ initial amount) × 100

Now, since the company in question used to manufacture 122,000 vehicles but now manufacture 133,000 vehicles, the difference between the initial quantity of motorcycles and the new quantity of motorcycles being produced

= 133,000 - 122,000

= 11,000.

The percentage increase =

(11000/122000) ×100

= 9.02%

Therefore, the percentage increase in production = 9.02%

A​ U.S.-based motorcycle manufacturer says that it expects to build 133 comma 000 motorcycles this​ year, up from 122 comma 000 last year. Find the percent of increase in production.

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A U.S.-based motorcycle manufacturer says that it expects to build 133 comma 000 motorcycles this year, up from 122 comma 000 last year. Find the percent of increase in production.