Arun bought a car dor Rs .3,50,000, the next year the price went up to Rs .3,70,000. What was the precentage of price increase ?
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Step-by-step explanation:
Well the initial price of the car was = 3,50,000
And the selling price was, 3,70,000
So, increase% will be, 3,70,000 × 100
3,50,000
= 105 % ( approximately)
therefore on subtracting it from 100 , we'll get the increase% = 5%
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