The annual salary of Suresh increased from Rs 1, 80,000 to Rs 2, 20,000. Find the percentage increase in the price.
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Solution: Original salary = Rs 18,00,000
Increased salary = Rs 22,00,000
Increase in salary = Rs 22,00,000 – Rs 18,00,000 = Rs 4,00,000
Thus, percentage increase in salary = (increase in salary/original salary) x 100
= (4,00,000/18,00,000) x 100 = 22.22%
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