Question

Penelope earned $50 in May. She earned $60 in June. What is the percent increase or decrease in Penelope's monthly earnings?

Answer 1

Explanation:

Penelope had a 20% increase in monthly earnings.

Amount earned by Penelope in May = $50

Amount earned by Penelope in June = $60

Difference in earnings = Earnings in June - Earnings in May = 60-50 = $10

Therefore, total percentage changed = (Difference in earning/Earning in May) * 100

= (10/50)*100 = 20%.