5. in early 2012, snapchat had about 30,000 users. by october 2013, snapchat had about 990,000 users. what…

5. in early 2012, snapchat had about 30,000 users. by october 2013, snapchat had about 990,000 users. what was the percent increase in the number of users from early 2012 to october 2012?

5. in early 2012, snapchat had about 30,000 users. by october 2013, snapchat had about 990,000 users. what was the percent increase in the number of users from early 2012 to october 2012?

Answer

Explanation:

Step1: Identify the formula for percent - increase

Percent increase=$\frac{\text{New value}-\text{Old value}}{\text{Old value}}\times100%$

Step2: Determine the old and new values

Old value (in early 2012) = 30000, New value (by October 2012) = 990000

Step3: Substitute the values into the formula

Percent increase=$\frac{990000 - 30000}{30000}\times100%=\frac{960000}{30000}\times100%$

Step4: Calculate the result

$\frac{960000}{30000}=32$, and $32\times100% = 3200%$

Answer:

3200%