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The monthly salary of a man increased from N2,700 to N3,200. Find the percentage increase

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%)

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