Question

The price of a certain article was increased from Rs 1250 to 2000. Find the percentage increase in the price

Answer 1

Given that,

The price of a certain article was increased from Rs 1250 to 2000.

We need to calculate the increase price

Using given data

$Increase\ price= 2000-1250$

$Increase\ price= Rs\ 750$

We need to calculate the percentage increase in the price

Using formula of percentage

$percentage\ increase\ price=\dfrac{750}{1250}\times100$

$percentage\ increase\ price=60\%$

Hence, The percentage increase in the price is 60%.