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Question
A 10% hike in petrol price between yesterday and today means that a man who paid ₹ 80 for it yesterday will pay ₹ 88 today.
A 10% hike in petrol price between yesterday and today means that a man who paid ₹ 80 for it yesterday will pay ₹ 88 today.
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Solution
The correct option is A True
True.
10% of 80 = 10100×80 = ₹ 8.
Hence, when price of petrol increases by 10%, the increased amount is ₹ (80 + 8) = ₹ 88
Alternate method:
Increased price = 80 x 1.1 = ₹ 88
True
True.
10% of 80 = 10100×80 = ₹ 8.
Hence, when price of petrol increases by 10%, the increased amount is ₹ (80 + 8) = ₹ 88
Alternate method:
Increased price = 80 x 1.1 = ₹ 88
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