Question

The price of 1 litre of oil is increased from rupees 84 2 Rupees 96 find the percentage increase in price of the oil

Answer 1

Hello,

Price of 1 litre of oil:
Previous price = rs 84
New price = rs 96
So,
Net change in price = 96-84= 12

Percentage of increment =
$\frac{change \: in \: price}{old \: price} \times 100$
So,
$\frac{12}{84} \times 100 = \frac{100}{7} = 14.285\%$
Round off can be 14.29%

Hope this will be helping you ✌️