A company is expanding its building area from 20,000 square feet to 24,400 square feet. What is the percentage increase of the area of the building space

Question

 Percents 

Answer 1

Percent increase/decrease = (difference/original)*100%

 

                                       = ((24400 - 20000)/20000)*100%

                                       = (4400/20000)*100%

                                       = 0.22*100%

                                       = 22 % increase

Answer 2

Percentage increase/decrease = difference/original

 

4000/20,000 = 1/5 = 20%