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    5. A value is increased by 10% and then further increased by 15%. Determine the overall percentage incr

    Question

    A value is increased by 10% and then further increased by

    15%. Determine the overall percentage increase.
    A 12.5% Correct Answer Incorrect Answer
    B 26.5% Correct Answer Incorrect Answer
    C 21.5% Correct Answer Incorrect Answer
    D 32.5% Correct Answer Incorrect Answer

    Solution

    ATQ,

    Let the original value be 100n

    Final value = 1.10 × 1.15 × 100n = 126.5n

    Required percentage = [(126.5n - 100n) ÷ 100n] × 100 = 26.5%

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