JAMB Mathematics 2008 Question 6

Question 6

Commercial Arithmetic

The cost of kerosene per litre increases from N60 to N85. What is the percentage rate of increase?

  1. A.42%
  2. B.41%
  3. C.40%
  4. D.25%
Show the answer and explanation

Answer: A (42%)

Explanation

The increase is N25, and 25/60 × 100% ≈ 41.7%, which is 42% to the nearest whole number.