Question

A local gym had 490 members last quarter. This quarter, with a change in its rates, it has 686 members. What is the percent of increase in the number of members? please help quickly >'

Answer 1

Given:

Number of gym members in last quarter = 490

Number of gym members in this quarter = 686

To find:

The percent of increase in the number of members.

Solution:

We have,

Number of gym members in last quarter = 490

Number of gym members in this quarter = 686

Now, the percent of increase in the number of members.

$\%\text{ of increase}=\dfrac{{Members in this month - Members in last month}}{\text{Members in last month}}\times 100$

$\%\text{ of increase}=\dfrac{686-490}{490}\times 100$

$\%\text{ of increase}=\dfrac{196}{490}\times 100$

$\%\text{ of increase}=\dfrac{2}{5}\times 100$

$\%\text{ of increase}=2\times 20$

$\%\text{ of increase}=40$

Therefore, the gym members increased by 40%.