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Mathematics
JAMB
The cost of kerosene per liter increased from N60 to N85. What is the percentage rate of increase?
A.
42%
B.
41%
C.
40%
D.
25%
Correct Answer:
42%
Explanation
N85 - N60 = N25 increase ∴percentage increase 25/60 × 100/1 = 125/3 = 41.67 = 42
N85 - N60 = N25 increase ∴percentage increase 25/60 × 100/1 = 125/3 = 41.67 = 42
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