Question

A 10% hike in petrol price between yesterday and today means that the one who paid Rs 200 for some petrol yesterday, will pay Rs 220 for the same amount of petrol today.

• A. True
• B. False

Answer 1

The correct option is A

True

When the price of petrol increases by 10%,

Revised price = original price + 10% of original price

= original price $\times \frac{110}{100}$

If original price is Rs 200 for a certain quantity, then,

Revised price for the same quantity = $\frac{110}{100}\times 200$ = Rs 220.

Hence the given statement is true.