The price of 1 kg of sugar was Tk. 60 in April. The price of sugar was increase 12% in May. The price was again increased by Tk. 3 in July. Calculate the percentage of total increase in the price compared to the price of April.

The price of 1 kg of sugar was Tk. 60 in April. The price of sugar was increase 12% in May. The price was again increased by Tk. 3 in July. Calculate the percentage of total increase in the price compared to the price of April.

A 17%

B 21%

C 22%

D 22.5%

Solution

Correct Answer: Option A

total increase=60×12/100+3 = 51/5

%= 51/5×1/60×100 = 17%