The correct option is c. 33%.
The job rate of industry’s percent increase from 2003 to 2013 is 33%.
The percentage increase would be the change between the final and initial values given as a percentage. We need the initial value and the enhanced (new) value to calculate the percentage.
In other words, % growth is a measurement of percent change that indicates the amount by which a quantity increases in magnitude, strength, or value.
If the % rise is negative, we might conclude that there is corresponding proportion reduction. Let's look at the percentage growth calculation now.
Now, according to the question;
Total Number of years = 10 years
Total number of new jobs created = 2.65 thousand x 10
= 26.5 thousand
= 26,500
Number of jobs in 2013 = 78,900 + 26,500
= 105,400
Percentage increase = (105,400 - 78,900)/78,900 x 100
= 26,500/78,900 x 100
= 0.3359 x 100
= 33.59%
Percentage increase = 33% (approx)
Therefore, the percentage increases in the job between 2003 and 2013 is 33%.
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