The following table shows the expenditure of a family in the year 2018 and 2019. What is the percent increase or decrease in the total expenditure in 2019 from 2018?
Answer & explanation
Correct answer: option 3
The total expenditure in 2018 and 2019 is:
Percent increase in expenditure = $\frac{12300}{88600}$ x 100
= 13.88% increase