Question

The price of tea is increased by 15%. If the original price was 250rupees per kg, find the new price.

Answer 1

Hint: To calculate the price,
Find the increase in price taking into consideration the percentage given in the sum.
Add the increased price to the original price to get your answer.

Complete step-by-step answer:
Percentage increase in price = 15%
Original price = 250
Increase in price =15% of 250
Therefore, we find the value of the increase in price by calculating using percentages,
By simplifying we get,
$\dfrac{15}{100} \times 250$
$\Rightarrow \dfrac{15}{2} \times 2$
Multiplying we get,
Rs.37.5
Therefore,
New price = Original price + Increase in price
From the above statement we can calculate the new price by adding the original and increased prices respectively,
=250+37.5
=Rs.287.5
Thus, the new price after the increase is Rs.287.5.

Note: When the percentage price of a commodity is increased it is always greater than the original price. We need to carefully add the increase in price to the original value and not make the mistake of subtracting it.