The price of the muffin increases from $R s 4$ to $R s 5$ . What is the percentage increases.

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Solution

The old price of muffin $=$ Rs. $4$

the new price of muffin $=$ Rs. $5$

Percentage increased $= \frac{n e w p r i c e - o l d p r i c e}{o l d p r i c e} \times 100$

$= \frac{5 - 4}{4} \times 100$

$= \frac{1}{4} \times 100$

$= 25 %$

$∴$ Price of muffin increased by $25 %$ .

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