Question

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?

Answer 1

Initial price = Rs $350000$
Final price = Rs $370000$
Increase = Rs $20000$
$\% \;increase$ = $\frac{20000}{350000}\times100$
= $5\frac{5}{7}\%$