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Question

Last year the cost of 1 kg of onion was Rs 45. This year, the cost of the onion increased to Rs 60. What is the percentage change in its price?

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Solution

Last year,
The cost of 1 kg of onion = Rs 45.
Present year,
The cost of the onion = Rs 60
Increase in cost = Increased price – old price = 60 – 45 = Rs 15 Increase cost = Rs 15
Increased % =Increase costOld Price×100
=1545×100=33.33%.

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