Question

Question 4
Arun bought a car for ₹ 3,50,000 . The next year, the price went up to ₹ 3,70,000 . What was the percentage increase in price?

Answer 1

Initial price = ₹ 350000
Final price = ₹ 370000
Increase in amount = ₹(37000-35000) = ₹ 20000

Hence, the percentage increase in price = $\frac{₹20000}{₹350000}\times 100$%
$=5\frac{5}{7}\%$