There is a price rise from ₹250 to ₹400 on a toy. Find the percentage increase.

50%

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40%

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30%

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60%

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Solution

The correct option is D 60%
Initial price = ₹250
Final price = ₹400
Difference in price = ₹150
Increase in percentage
$= \frac{D i f f e r e n c e i n p r i c e}{I n i t i a l p r i c e} \times 100$
$= \frac{150}{250} \times 100 = 60 %$

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