Question

The price of rice is increased from 10$to$ $12.50$ per kg. Find the percentage increase in price.

• A. $25$%
• B. $30$%
• C. $35$%
• D. $40$%

Answer 1

The correct option is A $25$%

Price of rice before $=$10$

Price of rice now $=$12.50$

Increase in price $=$ Current price $–$ Original price

$=$12.50 - $10$

$=$2.50$

$\therefore$ percentage increase in price $=\frac{\text{Increase in price}}{\text{Original price}}\times 100\%$

$=\frac{2.50}{10}\times 100\%$

$=\frac{250}{10}\%=25\%$

Thus, increase in price$=25\%$