Question

The price of petrol is increased from 12,58 liter to 13,28 per liter determine the percentage increase in the price of petrol

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Answer 1

5.56%

Explanation:

Initial = 12.58

Final = 13.28

∴Percentage increase =
`(Final - Initial)/(Initial)` × 100%

=
`(13.28 - 12.58)/(12.58)` × 100%

= 5.56% (Rounded to 3 significant figures)