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32 votes
32 votes
Coverage Policy A Policy B Policy C SIS7 $152 S160 Liability (100/200/50) 75 82 78 Comprehensive (actual cash value) 65 75 68 Collision (S100 deductable) 22 30 20 Medical ($5,000 per person) 15 18 12 Uninsured motorist ($15,000 per person $30,000 per accident) What is the percentage of increase from the least expensive 7.8 %

User DodoSombrero
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1 Answer

8 votes
8 votes

Total sum for Policy A = 334

Total sum for Policy B = 357

Total sum for Policy C = 338

Less expensive policy is =334

Most expensive policy is = 357


\begin{gathered} \text{percentage increase is =}\frac{357\text{ - 334}}{334}\text{ }*100 \\ \text{ =}(23)/(334)*100\text{ =}(2300)/(334)\text{ = 6.88\%} \end{gathered}

User Milan Poudel
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