book Maths Puzzle Numerical Ability

Could you help me solve the following problem?

The interest rate on an auto loan in May was 12 3/8%. By September the rate was up to 14 1/4%. How many percentage points did the interst rate increase over the period?

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book Other Question

please help i really don't get this...i've tried to figure it out but i don't know where to start.
Complete the sequence: 19, 5, 17, 21, 5, 14, 3, ____. Explain your answer.
what is the percent of 1/4