Question

8. Arun bought a car for 350000. The next year, the price went upto 3370000. What was
the percentage increase in the price?​

Answer 1

Price of car  previous year = Rs 350000

Price of car  next year = Rs 370000

Increase in price =(new price - old price) =  Rs(370000-350000) = Rs 20000

So, percentage of increase = (increase÷ old price)*100 = (20000÷35000)*100=57.14%

Answer : Hence , price increase = 57.14%