the price of an electric motor was ₹5500. it's price has increased 2 percent.what is the new price of motor
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3
Answer:
5500 C.p
2 %of 100*5500 = new price :5610.
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✪ Question ✪
The price of an electric motor was ₹5500. It's price has increased by 2 percent. What is the new price of motor ?
✪ To find ✪
The new price of the electric motor.
✪ Solution ✪
Price = ₹ 5500
Rate of increase = 2 %
Amount increased
= 2% of ₹ 5500
= ₹ (2/100 × 5500)
= ₹ (2 × 55)
= ₹ 110
✪ Hence ✪
☞Amount increased = ₹ 110
☞New price = ₹ (5500 + 110)
= ₹ 5610
✪ Therefore ✪
The new price of the electric motor is ₹ 5610.
๑ Hope this helps you. ๑
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