Mathematics

The cost of kerosine per liter increase from N60 to N85. What is the percentage…

The cost of kerosine per liter increase from N60 to N85. What is the percentage rate of increase?
  • A.
    42%
  • B.
    41%
  • C.
    40%
  • D.
    25%
Correct Answer: Option A
Explanation

N85 – N60 = N25 increase
∴percentage increase = (frac{25}{60}times frac{100}{1}\=frac{125}{3}\=41.67%\
=42%)