Percentage increase or decrease
Last updated at Dec. 16, 2024 by Teachoo
Ex 7.2, 4 Arun bought a car for Rs 3,50,000. The next year, the price went upto Rs 3,70,000. What was the Percentage of price increase? Price of car last year = Rs 3,50,000 Price of car this year = Rs 3,70,000 Increase in price = Rs 3,70,000 β Rs 3,50,000 = Rs 20,000 Percentage of price increase = (πΌππππππ π ππ πππππ)/(πππππ ππ πππ πππ π‘ π¦πππ) Γ 100% = (ππ,πππ)/(π,ππ,πππ) Γ 100% = 20000/350000 Γ 100% = π/ππ Γ 100% = 2 Γ 100/35 % = 2 Γ 20/7 % = 40/7 % = 5 π/π %