The cost of kerosine per liter increase from N60 to N85. What is the percentage rate of increase?
Take Free Practice Test On 2026 JAMB UTME, Post UTME, WAEC SSCE, GCE, NECO SSCE
Correct Answer: Option A
Explanation:
N85 - N60 = N25 increase
∴percentage increase = \(\frac{25}{60}\times \frac{100}{1}\\=\frac{125}{3}\\=41.67%\\
=42%\)
N85 - N60 = N25 increase
∴percentage increase = \(\frac{25}{60}\times \frac{100}{1}\\=\frac{125}{3}\\=41.67%\\
=42%\)