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Original price of car =₹ 3,50,000

New price of car =23,70,000

Increase in price

= New price of car - Original price of car

=₹ 3,70,000 - ₹ 3,50,000

=₹ 20,000

Therefore, percentage of price increase

[tex]\[ \begin{aligned} \\ &\frac{20,000}{3,50,000} \times 100 \\ \\ &=\frac{2}{35} \times 100\\ \\ &=\frac{200}{35} \% \\ \\ &=\frac{40}{7} \%\\ \\ & \boxed {\red{=5 \frac{5}{7} \%}} \end{aligned} \][/tex]

Answer:

a car for ₹ 3,50,000. The next year, the price went upto ₹ 3,70,000. What was the Percentage of price increase?

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