If the price of a bicycle is rs. 1250. The percentage increase in the price of a bicycle is 24% then what will be the increased price of the bicycle?
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Given:
Cost=₹1250
Rate of increment=24%
To find the price after increment:
Cost + 24% of the cost
=1250 + 24/100x1250
=1250 + 300
=1550
Cost of bicycle after 24% increment in the cost is ₹1550.
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