Question

The price of a table has been increased from $₹2,400$ to $₹$ $3,000$.Find the percentage increase in the price.

Answer 1

Step $\mathbf{1}$: Finding the increased price of the table.

Given that price increases from $₹2,400$ to $₹$$3,000$

Thus increased price $=$ New price $-$ Old price

$=3000-2400$

$=₹600$

Step$\mathbf{2}.$ Finding the percentage of increase.

We need to find the percentage of $₹600$ out of $₹$$2,400$

To convert a fraction into percentage,multiply it by $100$

Thus percentage increase$=\frac{600}{2400}\times 100$

$=25\%$

Hence,the percentage increase in the price of table is $25\%$.