Question
Download Solution PDFThe price of a plot increases from Rs 1500000 to Rs 1800000. The percentage increase in the price of the plot is:
Answer (Detailed Solution Below)
Detailed Solution
Download Solution PDFGiven:
Initial Cost price = Rs. 1500000
Final Cost price = Rs. 1800000
Calculation:
Increment = Rs. (1800000 – 1500000)
⇒ Rs. 300000
Percentage increase = (300000/1500000) × 100
⇒ 20%
∴ Percentage increase is 20%
Last updated on Jul 8, 2025
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