The value of U.S exports to China increased from $1480 million in 2011 to $2768 million in 2012. What was the percentage increase?

Answer: Percentage increase is 87.02%.
Explanation: Percentage increase is calculated by subtracting the value in 2012 from the value of exports in 2011 and then dividing it by the value in year 2011.
a. Subtract value in 2012 from value in 2011
b. Divide the answer in part a by value in 2011.
c. Multiply the answer in part b by 100.
We have the percentage increase.
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