Question

A property which was valued at ₹ 40,000 five years ago is now valued at ₹60,000 . What is the percentage increase in value.

Pls give me answer quickly and explain it in step by step....

it is argent
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Answer 1

Answer:

Price of rice before = $10

Price of rice now = $12.50

Increase in price = current price – original price

                       = $12.50 - $10

                       = $2.50

Therefore, percentage increase in price = Increase in price/Original price × 100 %

                                                      = 2.50/10 × 100 %

                                                      = 250/10 %

                                                      = 25 %

Thus, increase in price= 25 %

Step-by-step explanation:

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