Question

If the price of milk increases from ₹ $24$ per litre to ₹ $32.40$ per litre, then what is the percentage increase in the price?

• A. 15%
• B. 25%
• C. 35%
• D. 45%

Answer 1

The correct option is C

35%

Given: original price $=$ ₹ $24$

Increased price $=$ ₹ $32.40$

Net increase in price $=$ ₹ $32.40-$ ₹ $24$
$=$ ₹ $8.40$

Percentage increase
$=\frac{\text{Net increase}}{\text{Original price}}\times 100$

$=\frac{32.40-24}{24}\times 100$

$=\frac{8.40}{24}\times 100$

$=35\%$