Question
Download Solution PDFIf the prize of an item is increased to Rs. 110 from Rs. 50, the percentage increase is _______.
Answer (Detailed Solution Below)
Detailed Solution
Download Solution PDFConcept:
Percentage increase in price =
Calculation:
Given:
Initial price = Rs 50, Final price = Rs 110
∵ Percentage increase in price =
⇒ Percentage increase in price =
⇒ Percentage increase in price = 120%
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