table costs Rs. 5400. If the cost is increased to Rs. 6400, what is the percentage increase?
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Answer:
18.5%
Step-by-step explanation:
If we have to find the percentage of increase in cost, then first of all we have to see that how much there is increase in cost. Earlier, the cost was ₹5400 but now the cost is ₹6400 So, we can see that there is increase of ₹1000 in cost by subtracting ₹5400 from ₹6400.
Now to find the percentage of increase in cost, we will used the formula-
percentage of increase in cost =
=Increase in cost/Initial cost×100
= 1000/5400×100
= 18.5%
So, there is 18.5% increase in cost of table.
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