I had the piggy
test this weekend and there's one question that has been bothering me like a sonofabitch. I had to read a small passage about a guy running a fundraiser and he had plans to double the amount of money from the previous year.
The question afterwards was, "how much does Bill want to increase profits BY?"
Then the answers were something like, 50%, 25%, 100%, 200%
I said 100% because he was increasing the profits BY 100%. However, it could be 200% because that's doubling a given number, but if you increase profits BY 200%, then don't you end up with 300% total? Am I figuring this wrong or what? What's the damn answer!?