If there is an increase in the value of anything, then there is an increase in percentage. Expressed in percentage, it is the ratio of value increased to the original value and multiplied by 100.
The Percentage Increase Formula is given as,
\[\large Percentage\;Increase=\frac{Increased\;Value}{Original\;Value}\times 100\]
Solved Examples
Question 1:
What is the percentage change of the rent of house if on the month of January it was Rs. 10,000 and in the month of March it is Rs. 15,000.?
Solution:
We can clearly see that there is an increase in the value of rent, so the percentage increase in the
Here, Increased value = 15000 – 10000 = 5000
Original Value = 10000
$=\frac{5000}{10000}=33.33\%$
Hence, there is a 33.33% increase in the value of rent.
