Last year, a chair was marked at ₹250. Present year it costs ₹300. What is the percentage change in the marked price?

20%

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30%

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10%

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40%

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Solution

The correct option is A 20%
Previous year,
marked price = ₹250

Present year,
marked price = ₹300

Change in marked price
= 300 - 250 = ₹50

Percentage change in marked price

= $\frac{amount changed}{original price} \times$ 100

= $\frac{50}{250} \times$ 100

= 20%

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Last year, a chair was marked at ₹250. Present year it costs ₹300. What is the percentage change in the marked price?

The correct option is A 20%Previous year, marked price = ₹250 Present year, marked price = ₹300 Change in marked price = 300 - 250 = ₹50 Percentage change in marked price = amount changedoriginal price× 100 = 50250× 100 = 20%

The correct option is A 20%
Previous year,
marked price = ₹250

Present year,
marked price = ₹300

Change in marked price
= 300 - 250 = ₹50

Percentage change in marked price

= $\frac{amount changed}{original price} \times$ 100

= $\frac{50}{250} \times$ 100

= 20%