Questions: According to Time magazine, the annual global seafood consumption rose from 22 pounds per person in the 1960s to 38 pounds per person in 2011. Find the percent increase. (Round to the nearest tenth of a percent.)

According to Time magazine, the annual global seafood consumption rose from 22 pounds per person in the 1960s to 38 pounds per person in 2011. Find the percent increase. (Round to the nearest tenth of a percent.)

Transcript text: Question According to Time magazine, the annual global seafood consumption rose from 22 pounds per person in the 1960 s to 38 pounds per person in 2011. Find the percent increase. (Round to the nearest tenth of a percent.) Provide your answer below: $\square$ $\%$

Solution

Solution Steps

Step 1: Calculate the Percent Increase

To find the percent increase in global seafood consumption from the 1960s to 2011, we use the formula for percent change: \[ \text{Percent Increase} = \left( \frac{\text{New Value} - \text{Old Value}}{\text{Old Value}} \right) \times 100 \] Substituting the values, we have: \[ \text{Percent Increase} = \left( \frac{38 - 22}{22} \right) \times 100 \]

Step 2: Perform the Calculation

Calculating the difference: \[ 38 - 22 = 16 \] Now, substituting back into the formula: \[ \text{Percent Increase} = \left( \frac{16}{22} \right) \times 100 \approx 72.72727272727273 \] Rounding to the nearest tenth of a percent gives us: \[ \text{Percent Increase} \approx 72.7 \]