Question:
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?
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?
Updated On: Dec 7, 2023
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Solution and Explanation
Initial price = Rs \(350000\)
Final price = Rs \(370000\)
Increase = Rs \(20000\)
\(\% \;increase\) = \(\frac{20000}{350000}\times100\)
= \(5\frac{5}{7}\%\)
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