Amit bought a car for Rs.,9,20,000. The next year the price went up to
Rs. 9,70,000. What was the percentage of price increase?
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Answer:
Increased in price of a car from Rs. 3,50,000 to Rs. 3,70,000
Amount change =Rs.3,70,000−Rs.3,50,000=Rs.20,000
Therefore, Increased percentage =
Originalamount
Amountofchange
×100
=
350000
20,000
×100=5
7
5
%
Hence, the percentage of price increased is 5
7
5
%
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