A 10% hike in petrol price between yesterday and today means that the one who paid ₹ 200 yesterday, will pay ₹ 220 today for the same amount of petrol.
True
When the price of petrol increases by 10%,
Revised price = original price + 10% of original price
= original price ×110100
If original price is ₹ 200 for a certain quantity, then,
Revised price for the same quantity = 110100×200 = ₹ 220.
Hence the given statement is true.