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    Calculating the rate of increase in an algebraic word problem.

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    A manufacturer reports the production of 120,000 units in the third quarter of the year.
    This is an increase of 15,000 units over production in the second quarter. What was
    the rate of increase for the period?
    a. 11.11%
    b. 12.5%
    c. 14.29%
    d. 15%

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    Solution Preview

    The present quantity = 120,000
    Increase = 15,000

    Therefore in the second ...

    Solution Summary

    The percent increase is calculated. The rate of increase in an algebraic word problem is found.