The total cost of water for one year in Community Z of 120,000 homes is $75,000. If the cost were to increase to $80,000 for the community, by approximately what percent would the average cost of water increase for each household in Community Z ?
A.70%
B.13%
C.7%
D.5%
E.1.3%
Average cost of water inrease
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- thephoenix
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IMO C
avg cost old=75/120=5/8
abg cost new =80/120=2/3
%=[[2/3-5/8]/(5/8)]*100=20/3=6.6=approx 7
avg cost old=75/120=5/8
abg cost new =80/120=2/3
%=[[2/3-5/8]/(5/8)]*100=20/3=6.6=approx 7
- ajith
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the increase in total cost = 5000 $bhumika.k.shah wrote:The total cost of water for one year in Community Z of 120,000 homes is $75,000. If the cost were to increase to $80,000 for the community, by approximately what percent would the average cost of water increase for each household in Community Z ?
A.70%
B.13%
C.7%
D.5%
E.1.3%
% increase = 5000/75000*100 = 1/15*100 =6.67%
since this is distributed among same 120,000 families
% increase per family will also be 6.67%
C, I agree with Phoenix
Always borrow money from a pessimist, he doesn't expect to be paid back.