Option D
The percentage increase of the area of the building space is 34 %
Solution:
A company is expanding its building area from 11,000 square feet to 14,740 square feet
To find: Percentage Increase
The percent increase is given by formula:
[tex]\text{Percent increase } = \frac{\text{Final value - Initial value}}{\text{Initial value}} \times 100[/tex]
From given,
Initial value = 11000
Final value = 14740
Substituting we get,
[tex]Percent\ Increase = \frac{14740-11000}{11000} \times 100\\\\Percent\ Increase = \frac{3740}{110}\\\\Percent\ Increase = 34[/tex]
Thus percentage increase of the area of the building space is 34 %