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 ?
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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)
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