Answer:
50%
Step-by-step explanation:
72000-48000=24000
24000 is 50% of 48000
48000+24000=72000
It's 50%, im sorry if it's confusing
Hiked amount = 72000 - 48000 = $24000
Percentage raise =
[tex]=\frac{24000}{48000}*100\\\\=\frac{24}{48}*100\\\\=\frac{1}{2}*100\\[/tex]
= 50%
