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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. |
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Answer» 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. |
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