Arun bought a car for ₹ 3,50,000. The next year, the price went upto ₹ 3,70,000. What was the percentage of price increase?

Solution:

Initial price of the car = Rs. 3,50,000

Final price of the car = Rs. 3,70,000

Increase in price = 3,70,000 – 3,50,000 = 20000

Percentage increase = (Change in quantity / Initial quantity) × 100

= (20000 / 350000) × 100

= 200 / 35

= 5 5/7%

☛ Check: NCERT Solutions for Class 7 Maths Chapter 8

Video Solution:

Arun bought a car for ₹ 3,50,000. The next year, the price went upto ₹ 3,70,000. What was the percentage of price increase?

Class 7 Maths NCERT Solutions Chapter 8 Exercise 8.3 Question 4

Summary:

Arun bought a car for ₹ 3,50,000. The next year, the price went upto ₹ 3,70,000. Percentage increase in price will be 5 5/7%.

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