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Arun bought a car for ₹ 3,50,000. The next year, the price went upto ₹ 3,70,000. What was the percentage of price increase?

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Question

Arun bought a car for ₹ 3,50,000. The next year, the price went upto ₹ 3,70,000. What was the percentage of price increase?

Sum
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Solution

Initial price = ₹ 350000

Final price = ₹ 370000

Increase = ₹ 20000

Increase% = `20000/350000xx 100`

= `5 5/7%`

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