The monthly salary of a man increased from N2,700 to N3,200. Find the percentage increase
-
A.
10% -
B.
15% -
C.
15.6% -
D.
18.5%
Correct Answer: Option D
Explanation
(% increase = frac{Increase}{initialhspace{1mm} salary}times 100%\
Increase=N3,200 – N2,700 = N500\
Initial hspace{1mm} salary=N2,700.00=frac{N500}{N2,700}times 100% = 18.5%)