Question

Khalil's mortgage payment was originally $2,760 per month. Now, after refinancing his home loan, Khalil's mortgage payment is $3,036. What is the percent of increase in Khalil's mortgage payment?

Answer 1

it is a 10% increase.

Explanation:

3,036 - 2,760 = 276

276/2,760 · 100 = 10%