1.

Arun bought a car for Rs. 3, 50, 000.the next year the price went upto Rs 3, 70, 000.what was the percentage of price increase? a) 5•/• b) 7•/• c) 7/40 d) none of these.​

Answer»

ong>Answer:

We KNOW that ;

There is a formula to FIND the increse percent :

Increase or DECREASE percent = Total Increase or decrease / Original Price × 100

So ;

(i) Total Increase = 3,70,000 - 3,50,000

Total Increase = 20,000

(ii) Original Price = 3,50,000

Now let's put the values in the formula :

Increse percent = Total Increase/Original price × 100

Increase percent = 20,000 / 3,50,000 × 100

Increase percent = 5% APPROX.


Discussion

No Comment Found

Related InterviewSolutions