Question

Last month the price of a bicycle was $Rs200$. Now its price is $Rs228$. By what percent has the price increased ?

Answer 1

Given that,

Last month bicycle price is $Rs.200$

And Current bicycle price is $Rs.228$

$=\frac{228-200}{200}\times 100$

$=\frac{28}{200}\times 100$

$=\frac{28}{2}=14$%

Then,

We get price increased is $14$%