Question

Difficulty: MediumPercentages, Percent Change, and Interest

An agricultural research station recorded the annual grain harvest of a farm over a four-year period. In the second year, the harvest increased by 20%20\% compared to the first year. In the third year, the harvest increased by 25%25\% compared to the second year. In the fourth year, due to unfavorable weather, the harvest decreased by 20%20\% compared to the third year. If the grain harvest in the fourth year was 3,6003,600 metric tons, what was the grain harvest, in metric tons, in the first year?

  1. A
    2,400
  2. B
    2,880
  3. 3,000Answer
  4. D
    3,060
  5. E
    4,500

Answer

3,000 metric tons
To find the initial amount, represent the successive percentage changes as sequential decimal multipliers. A 20%20\% increase corresponds to a multiplier of 1.201.20, a 25%25\% increase corresponds to 1.251.25, and a 20%20\% decrease corresponds to 0.800.80. The net change factor is 1.20×1.25×0.80=1.201.20 \times 1.25 \times 0.80 = 1.20. Since the fourth-year harvest equals 1.201.20 times the first-year harvest, dividing 3,6003,600 by 1.201.20 yields 3,0003,000 metric tons.

Step-by-Step Solution

1
Define variables and write multiplier expressions for each year's percent change
Let xx be the harvest in the first year. Year 2 harvest =1.20x= 1.20x; Year 3 harvest =1.25×(1.20x)= 1.25 \times (1.20x); Year 4 harvest =0.80×(1.25×1.20x)= 0.80 \times (1.25 \times 1.20x).
Percentage increases and decreases must be applied sequentially to the immediately preceding period's value.
2
Calculate the combined percentage multiplier for the four-year period
Combined multiplier =1.20×1.25×0.80=1.20= 1.20 \times 1.25 \times 0.80 = 1.20.
Multiplying the decimal factors yields the overall factor relating the first year's harvest to the fourth year's harvest.
3
Set up and solve the equation for the first year's harvest (xx)
1.20x=3,600    x=3,6001.20=3,0001.20x = 3,600 \implies x = \frac{3,600}{1.20} = 3,000.
Dividing the fourth year's total harvest by the combined multiplier gives the initial first year harvest.

Key Concept

Successive Percentage Changes and Base Values
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