Question

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

Answer 1

Hi...!

Old price = ₹ 350000

New price = ₹ 370000

Increase in price = new price - old price = ₹ 20000

Percent increase = increase/old price * 100 = 20000/350000*100 = 5.7 %

Answer : Hence , there is a percent increase of 5.7%

Answer 2

Answer:

5.7%

Step-by-step explanation:

price bought: 3,50,000

price increased: 3,70,000

increase in price= price increase - price bought = 20,000

percent increase = increased price/ price bought x 100

= 20,000/3,50,000 x 100 = 5.7%

hence there is the increase of 5.7%

HOPE IT HELPS YOU

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