passpadi

2008

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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