Questions: Last year, a beauty magazine had a total of 5,070 subscribers. This year, after its parent company made some changes, it had 7,098 subscribers. What is the percent of increase in the number of subscribers?
Transcript text: Last year, a beauty magazine had a total of 5,070 subscribers. This year, after its parent company made some changes, it had 7,098 subscribers. What is the percent of increase in the number of subscribers?
Solution
Solution Steps
Step 1: Identify the Initial and Final Values
The initial number of subscribers last year was 5,070. The final number of subscribers this year is 7,098.
Step 2: Calculate the Increase in Subscribers
To find the increase in the number of subscribers, subtract the initial value from the final value:
\[
\text{Increase} = 7,098 - 5,070 = 2,028
\]
Step 3: Calculate the Percent Increase
The percent increase is calculated by dividing the increase by the initial value and then multiplying by 100 to convert it to a percentage: