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A customer’s monthly water bill was $75....

A customer’s monthly water bill was $75.74. Due to a rate increase, her monthly bill is now $79.86. To the nearest tenth of a percent, by what percent did the amount of the customer’s water bill increase?

A

`4.1%`

B

`5.1%`

C

`5.2%`

D

`5.4%`

Text Solution

Verified by Experts

The correct Answer is:
D
To find the percent increase of the customer’s water bill, the absolute increase of the bill, in dollars, is divided by the original amount of the bill, and the result is multiplied by 100%, as follows: `(79.85-75.74)/(75.74)~~0.054xx100%=5.4%` .
Choice A is incorrect. This choice is the difference 79.86 − 75.74 rounded to the nearest tenth, which is the (absolute) increase of the bill’s amount, not its percent increase. Choice B is incorrect and may be the result of some calculation errors. Choice C is incorrect and is the result of dividing the difference between the two bill amounts by the new bill amount instead of the original bill amount.
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