Shortcut Trick
Apply the successive percentage change formula: Net % change = x + y + (x × y) ÷ 100
Here, both length and breadth increase by 40%, so x = 40 and y = 40.
Net % increase = 40 + 40 + (40 × 40) ÷ 100
Net % increase = 80 + 1600 ÷ 100 = 80 + 16 = 96%.
∴ The correct answer is 96%.
Alternate Method
Given: Increase in each side of the rectangular wooden job = 40%.
Formula Used: Area of Rectangle = Length × Breadth.
⇒ Let original Length (L) = 10 and Breadth (B) = 10.
⇒ Original Area = 10 × 10 = 100 units2.
⇒ New Length = 10 + 40% of 10 = 14.
⇒ New Breadth = 10 + 40% of 10 = 14.
⇒ New Area = 14 × 14 = 196 units2.
⇒ Percentage increase in area = [(196 − 100) ÷ 100] × 100 = 96%.
∴ The correct answer is 96%.
Additional Information
Successive Percentage Change
When a value is changed by x% and then y%, the net change is given by [x + y + (xy/100)]%.
Area of 2D Figures
For any 2D shape where dimensions are increased by k%, the area increases by [2k + (k2/100)]%.
Fraction Method
40% increase means the multiplier is 1.4. For area (two dimensions), the multiplier becomes 1.4 × 1.4 = 1.96, indicating a 96% increase.