Question

The cost of an air conditioner before the budget was Rs. 18,000. The new price is Rs. 23,000.
What is the percent increase in the price of the air conditioner?​

Answer 1

Answer:

27.777 percent

Step-by-step explanation:

Please refer the attachment above for the answer.

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Answer 2

Given: The cost of an air conditioner before the budget was Rs. 18,000. The new price is Rs. 23,000.

To find: We have to find the per cent increase in the price of the air conditioner.

Solution:

To determine the per cent increase in the price of the air conditioner we have to follow the below steps-

Before budgeting the price of the air conditioner was 18000.

The new price of the air conditioner is 23000.

Thus increase in the price of the air conditioner is 23000-18000=5000.

Thus, the percentage of increase in the price is as follows-

$\frac{5000}{18000} \times 100 \\ \frac{5}{18} \times 100 \\ = 27.77\%$

Thus, the percentage of increase in the price of the air conditioner is 27.77%.