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Finding Increase or Decrease Percentage in Situations

Arun bought a...

Question

Arun bought a car for $R s . 3, 50, 000.$ The next year, the price went upto $R s . 3, 70, 000.$ What was the Percentage of price increase

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Solution

$% o f p r i c e i n c r e a s e = (\frac{370000 - 350000}{350000}) \times 100 = 5.71 % a p p r o x .$

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