Question

The rent of a room is increased from rupees 2500 to rupees 3000 . Find the percent increase in rent

Answer 1

3,000 - 2,500 = 500

500/2,500 = 20%

The percent increase is 20%.

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Answer 2

calculate the increased amount first.

to find the increased amount subtract 2500 from 3000.

3000-2500=500

next use the formula profit or loss percentage.

profit or loss price / cost price * 100

so you substitute it and it would be 500/2500 * 100 = 20%