Rahul bought a sofa set for Rs 25,000.The next year, the price went up to Rs 30,000.What was the percentage increase ?
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Original price=₹25,000
New price=₹30,000
Increase in price=₹5,000
Therefore, percentage increase,
= 5000/25000*100
=1/5*100
=20%
Therefore, the answer is 20%.
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