Question

The price of an article is increased from $₹$$20$ to $₹$$24$. Find the percentage increase.

Answer 1

Step 1: Increase in price of article

Increase in price of article $=₹(24-20)=₹4$

Step 2: Percentage of price increased

Percentage $=\frac{Increasedprice}{originalprice}\times 100\%$

$$\begin{gathered} =\frac{4}{20}\times 100\% \\ =20\% \end{gathered}$$

Therefore, $20\%$ price increase of the article.