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A company produces 500 units of a gadget in a month. If production increases by

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Question: A company produces 500 units of a gadget in a month. If production increases by 25% next month, how many units will be produced?

Options:

  1. 600
  2. 625
  3. 650
  4. 700

Correct Answer: 625

Solution:

Increased production = 500 + (0.25 * 500) = 500 + 125 = 625 units.

A company produces 500 units of a gadget in a month. If production increases by

Practice Questions

Q1
A company produces 500 units of a gadget in a month. If production increases by 25% next month, how many units will be produced?
  1. 600
  2. 625
  3. 650
  4. 700

Questions & Step-by-Step Solutions

A company produces 500 units of a gadget in a month. If production increases by 25% next month, how many units will be produced?
  • Step 1: Identify the current production amount, which is 500 units.
  • Step 2: Calculate the increase in production by finding 25% of 500. This is done by multiplying 500 by 0.25.
  • Step 3: Perform the multiplication: 500 * 0.25 = 125.
  • Step 4: Add the increase (125) to the original production (500) to find the new production amount.
  • Step 5: Perform the addition: 500 + 125 = 625.
  • Percentage Increase – Understanding how to calculate a percentage increase on a given quantity.
  • Basic Arithmetic – Applying addition and multiplication to solve for the new quantity after an increase.
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