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# Arun bought a car for Rs. 350,000. The next year, the price went up to Rs. 370,000. What was the percentage of price increased?

Last updated date: 16th Mar 2023
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Hint: In this question Arun bought a car for some amount and later after certain duration of time the price of that car went up, so the percentage increase in amount of car will be increment in price divided by original price multiplied with 100 so, use this basic concept to reach the solution of the problem.

So, increment in the price is $= 370,000 - 350,000 = Rs.{\text{ }}20,000$
Therefore percentage of price increased $= \dfrac{{20,000}}{{350,000}} \times 100$
$= \dfrac{2}{{35}} \times 100 = \dfrac{{40}}{7} = 5.714$%