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On 2 January 2016 de USD euro exchange rate was 0.92055 on first January 2017 it was 0.95058 calculate the percentage increase round your answer to the nearest whole percent

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abidemiokin

The percentage increase round your answer to the nearest whole percent is 3%

Given the following:

Exchange rate in 2016 = 0.92055

Exchange rate in 2017 = 0.95058

Increment in rate = 0.95058 - 0.92055

Increment in rate = 0.03003

Get the percentage increase:

Percentage increase = Increment/Exchange rate in 2016 × 100%

Percentage increase =  0.03003/ 0.92055  × 100%

Percentage increase = 0.0326 × 100%

percentage increase = 3.26%

Hence the percentage increase round your answer to the nearest whole percent is 3%

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