Price of the price of an article is increased from Rs 960 to Rs 1080 find the percentage increase in the price

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Solution

$D e a r S t u d e n t, % i n c r e a s e i s P r i c e = \frac{C h a n g e i n p r i c e}{O r i g i n a l P r i c e} \times 100 \Rightarrow % i n c r e a s e i s P r i c e = \frac{1080 - 960}{960} \times 100 \Rightarrow % i n c r e a s e i s P r i c e = \frac{120}{960} \times 100 \Rightarrow % i n c r e a s e i s P r i c e = 12.5 % R e g a r d s$

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