Mr. Kanti Prashad says, in his childhood petrol was ₹2 per litre and it is ₹48 per litre today. By what percentage has the price gone up?
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Answer:
2600%
Step-by-step explanation:
current price = 48
initial price = 2
% change in price = (48-2)/2 × 100
2600%
if price was 4 price would have been said to gone up by 100%
as 4-2=2 and 2 is hundred percent of 2 thats why we used this formula hope it helps
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