Question

arun bought a car for $3,50,000.The next year the price went upto$3,70,000.What was the percentage of the price increase

Answer 1

Initial Cost=350000 Rs.
Cost after one year =370000Rs.

Now To find the increase in %

Increase in Rs. = 370000-350000
=Rs.20000


So increase in %=20000×100/350000
=5.714%


Hope it is the answer you are looking for...

Please Ignore if Wrong...

Good luck..

Answer 2

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=575%

Hence, the percentage of price increased is 575%