Question

The number of employees in 2012 was 5% higher than in 2011. The number in 2013 was 5% higher
than in 2012. The total percentage increase in the number of employees from 2011 to 2013 is:
(a) 10.21%
(b) 10.25%
10.51%
10.52%​

Answer 1

Step-by-step explanation:

let the no. of employees in 2011 be 100.

hence, no. of employees in 2012 = 105

similarly, no. of employees in 2013= 110.25

therefore, total increase = 10.25

thus percentage of increase = 10.25%