Question

Arun bought a car for ₹ 3,50,000. The next year, the price went upto ₹ 3,70,000. What was the Percentage of price increase?


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Answer 1

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

%

Step-by-step explanation:

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Answer 2

Answer: = 5$\frac{5}{7}$%

Explanation: Price of car last year = Rs. 3,50,000

Price of car this year = Rs. 3,70,000

Increase in price = Rs. 3,70,000 - Rs. 3,50,000

= Rs. 20,000

Percentage of price increase = $\frac{Increase in price}{Price of car last year}$ × 100%

= $\frac{20,000}{3,50,000}$ × 100%

= $\frac{20000}{350000}$ × 100%

= $\frac{2}{35}$ × 100%

= 2 × $\frac{100}{35}$%

= 2 × $\frac{20}{7}$%

= $\frac{40}{7}$%

= 5$\frac{5}{7}$%