A company is expanding its building area from 16,500 square feet to 20,460 square feet. What is the percentage increase of the area of the building space?

Answer: 24%

Step-by-step explanation:

A company is expanding its building area from 16,500 square feet to 20,460 square feet. To calculate the percentage increase in the area of the building space, we first find the difference. This will be:

20,460 - 16,500 = 3960

We then divide the difference by the former building area and then multiply by 100. This will be:

3960/16500 * 100

= 0.24 * 100

= 24%

The percentage increase of the area of the building space is 24%.