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If the cost of a computer is Rs. 4,00,000. Its cost rises to Rs. 4,80,000. Find the percent increase in its cost.1. 20%2. 50%3. 40%4. 10% |
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Answer» Correct Answer - Option 1 : 20% Given∶ Original cost = Rs. 4,00,000 New cost = Rs. 4,80,000 Formula used∶ Increase percent = [(increase value / original value) × 100]% Calculation: Increase percent = [(increase value / original value) × 100]% ⇒ [(80,000 / 400000) × 100]% ⇒ 20% ∴ The percent increase in its cost is 20%. |
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