The price of petrol has risen from ₹48 and ₹52 a L .By what percent has the price risen up
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Given : The price of petrol has risen from ₹48 and ₹52 per L .
To Find : By what percent has the price risen up
Solution:
Old price per liter = Rs 48
New price per liter = Rs 52
New price is greater than old price
Hence increase in price per liter = 52 - 48 = Rs 4
Increase percentage = ( increase / old price) * 100
= ( 4/48) * 100
= 100/12
= 25/3
= 8.33 %
By 8.33 % the price risen up
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