Question

The price of a plot of land increased from Rs. 1, 20,000 to Rs. 1, 50,000 in a year. B

percent did the price increase?​

Answer 1

$\huge{\bold{\underline{\underline{Given:-}}}}$

• Price of plot = Rs. 1,20,000
• Increased price = Rs. 1,50,000

$\huge{\bold{\underline{\underline{To\:Find:-}}}}$

• Increase percentage

$\huge{\bold{\underline{\underline{Solution:-}}}}$

Original price of plot = Rs. 1,20,000

Increased price of plot = Rs. 1,50,000

Increase amount :-

= increased price - original price

= 1,50,000 - 1,20,000

= $\large{\purple{\boxed{\orange{30,000}}}}$

Increase percentage :-

$= \frac{increase \: amount}{original \: price} \times 100$

$= \frac{30000}{120000} \times 100$

$= \frac{30000 \times 100}{120000}$

$= \frac { \cancel {3000000}}{ \cancel{120000} }$

$= 25$

=> $\large{\purple{\boxed{\red{\underline{\orange{Increase\:percent\:=\:25}}}}}}$