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

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

Answer Details

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