Each machine at a toy factory assembles a certain kind of toy at a constant rate of one toy every 3 minutes. If 40 percent of the machines at the factory are to be replaced by new machines that assemble this kind of toy at a constant rate of one toy every 2 minutes, what will be the percent increase in the number of toys assembled in one hour by all the machines at the factory, working at their constant rates?
Let the number of machines be \( m \). The number of toys assembled by one machine in one hour is: \[ \frac{60}{3} = 20 \, toys per hour \] The total number of toys assembled by \( m \) machines in one hour is: \[ 20m \] After replacing 40% of the machines, the number of new machines is \( 0.4m \), and the old machines remain \( 0.6m \). The number of toys assembled by the new machines is: \[ \frac{60}{2} \times 0.4m = 30m \] The total number of toys assembled by all the machines in one hour is: \[ 30m + 20 \times 0.6m = 30m + 12m = 42m \] The percent increase in the number of toys is: \[ \frac{42m - 20m}{20m} \times 100 = \frac{22m}{20m} \times 100 = 20% \] To calculate the percent increase, first find the initial and final amounts, then use the formula \( \frac{final - initial}{initial} \times 100 \).