Question

Jim's Gym had income of $20,350 last month. The total increased by $2,000 this month. What was the percent increase to the nearest percent?

F. 11%
H. 7%
G. 10%
J. 6%

Answer 1

G. 10%

Explanation:

Given,

Last month income = $20350

Increment = $2000

For finding increased percentage, we should have to divide the increment by monthly income and multiply it with 100.

Increased percentage =
`(increment)/(Last\ month\ income)*100`

`\therefore increased\ percentage=(2000)/(20350) *100\\\\ increased\ percentage=(200000)/(20350)=9.82\approx10\%`

Thus the increase in the income of Jim is 10%.