Question

EXERCISE 8.3
. 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?
​

Answer 1

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

%

Answer 2

From the question, it is given that

Arun bought a car for = ₹ 350000

The price of the car in the next year, went up to = ₹ 370000

Then increase in price of car = ₹ 370000 – ₹ 350000

= ₹ 20000

The percentage of price increase = (₹ 20000/ ₹ 350000) × 100

= (2/35) × 100

= 200/35

= 40/7