Question

Anu bought a land for ₹ 5,00,000. Next year, the price went upto ₹ 6,60,000. What was the percentage increase in the price of the land ?

Answer 1

Answer:

32% increase.

Step-by-step explanation:

given increase in price=660000-500000=160000;

10 % of 500000 is 50000;

thus;30% is 50000*3=150000;

although;1% is 5000;

thus;2% is 10000;

hence;160000 is 32% 0f 500000;(30%+2%=150000+10000)