1
Question
State whether the given statement is true or false:
A 10% hike in petrol price between yesterday and today means that a man who paid 200 for it yesterday will pay 220 today.
State whether the given statement is true or false:
A 10% hike in petrol price between yesterday and today means that a man who paid 200 for it yesterday will pay 220 today.
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Solution
The correct option is A True
10% of 200 is 20. Hence, when price of 200 increases by 20, the increase is 10%.
True
10% of 200 is 20. Hence, when price of 200 increases by 20, the increase is 10%.
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