Last year the cost of commodity was rupees 40 this year the cost of commodity increase to rupees 50 what is the percentage in price increased
Answers
Answered by
5
Answer:
Step-by-step explanation:
percent increase is 50-40/40*100
=25 percent increase
Answered by
4
Answer:
Increase in percentage of price this year is = 5%.
Step-by-step explanation:
The price of commodity last year = ₹ 40.
The price of commodity this year = ₹ 50.
Increase in price of Commodity this year = ₹ (50-40)
= ₹ 10
∴ percentage in price increase = {(price increase * Price of this year)/100}
= {(10*50)/100} %
=(500/100) %
= 5%.
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