Question

The price of a car increases from Rs $1,75,000$ to Rs $1,85,000$. Find the percentage increase in the price of the car.

Answer 1

Given, Original price of the car $=₨1,75,000$

Increased price of the car $=₨1,85,000$

Increase in price of the car $=185000-175000=₨10,000$

We know that for calculating percent of a number, divide the number by the whole and multiply by 100.

Now,

$10,000$ of $1,75,000$ $=\frac{10,000}{1,75,000}\times 100$

$$\begin{gathered} =\frac{10,000\times 100}{1,75,000} \\ =\frac{1000}{175} \\ =5.71\% \end{gathered}$$

Hence, the percentage increase in the price of the car is $5.71\%$.