Arun bought a car for Rs. 3,50,000. The next year, the price went up to Rs. 3,70,000. What was the percentage of price increase?
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Increased in price of a car from Rs. 3,50,000 to Rs. 3,70,000 Amount change =Rs.3,70,000−Rs.3,50,000=Rs.20,000 Therefore, Increased percentage =OriginalamountAmountofchange×100 =35000020,000×100=575% Hence, the percentage of price increased is 575%