If the price of a television is increased by 5%, calculate the new price if its original price is ₹15000.

Rs.162

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Rs.169

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Rs.152

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Rs.160

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Solution

The correct option is D Rs.160
Given : Original price = ₹ 15000

$5 % o f 15000 = \frac{5}{100} \times 15000$ = ₹ 750

New price = ₹ 15000 + ₹ 750 = ₹ 15750

Alternate method:

New price = 15000 x 1.05 = ₹ 15750

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