Q.4.    Arun bought a car for Rs 3,50,000. The next year, the price went upto Rs 3,70,000. What was the Percentage of price increase?
 

Answers (1)
M manish

Given that,
Original price (OP) = 3,50,000
Increased price (IP) = 3,70,000

Therefore, increase in price = OP - IP = 20,000

Thus, percentage of the increase price 
=\frac{20,000}{3,50,000}\times 100 = 5.71\%

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