Question

If price of rice increases from ₹100 to ₹150 per kg, find the percentage increase in price.

• A. 15%
• B. 25%
• C. 50%
• D. 75%

Answer 1

The correct option is C 50%

Initial price of rice = ₹100

So, the increment in price has happened by = $₹150-₹100=₹50$

∴ Percent increase = $\frac{150-100}{100}\times 100\%=\frac{50}{100}\times 100\%$
$=50\%$

So, price of rice increased by $50\%$.