Question

The value of a house appreciated over the last 3 years for 10 lakh 20,000 to 1132200what is the percent increase in the value of the house

Answer 1

Hello

Here is your answer

Original price(OP)=Rs.1020000

Increased Price(IP)=Rs.1132200

Appreciation price(AP)=IP-OP

=120000-1132200

AP=Rs.112200

AP percent=AP/OPx100

=112200/1020000x100

=0.11x100

AP%=11%

Answer=11%

Therefore the increase % of price on house=11%

Hope it helps you...