2026 MSHS P1 Q13

2026 MSHS P1 Q13

Secondary 4
3 marks

In 2025, Singapore’s Median Monthly Household Income (MMHI) was \(\$12446\). In 2020, MMHI was \(\$9099\), an increase by \(5\%\) from 2015.

Calculate the percentage of increase in MMHI from 2015 to 2025.[3]

Solution:

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Answer:\(43.6\%\)

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