Percent And Interest Problems

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swerve: Legendary Member; Posts: 2416; Joined: Sun Oct 29, 2017 2:04 pm; Followed by:6 members

Percent And Interest Problems

by swerve » Sun Jun 02, 2024 7:42 am

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Global Stats

In a certain city, the average income for a family of four rose from $\$12,200$ in $1980$ to $\$16,300$ in $1986.$ This represents an increase of approximately

A. $4\%$
B. $25\%$
C. $33 1/3 \%$
D. $40\%$
E. $60\%$

The OA is C

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