The price of a cake has increased from Rs 650 to Rs 750 in one year . Calculate the percentage increase in the price of the cake ?

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Solution

$I n c r e a s e d v a l u e = 750 O r i g i n a l v a l u e = 650 P e r c e n t a g e i n c r e a s e = \frac{I n c r e a s e v a l u e}{O r i g i n a l v a l u e} \times 100 = \frac{750 - 650}{650} \times 100 = \frac{100}{650} \times 100 = \frac{10000}{650} = 15.38 T h e i n c r e a s e i n t h e p e r c e n t a g e i s 15.38 %$

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