Answer:
12%
Step-by-step explanation:
As per the provided information in the given question, we have :
We are asked to calculate,
As we know that,
[tex] \\ \longrightarrow \sf{\quad { \% \; increase =\Bigg ( \dfrac{Price \; increase}{Original \; price} \times 100 \Bigg ) \; \%}} \\ [/tex]
→ Price increase = New price - Original price
→ Price increase = Rs. ( 53.76 - 48 )
→ Price increase = Rs. 5.76
Substituting values,
[tex] \\ \longrightarrow \sf{\quad { \% \; increase =\Bigg ( \dfrac{5.76}{48} \times 100 \Bigg ) \; \%}} \\ [/tex]
[tex] \\ \longrightarrow \sf{\quad { \% \; increase =\Bigg ( \dfrac{576}{4800} \times 100 \Bigg ) \; \%}} \\ [/tex]
[tex] \\ \longrightarrow \sf{\quad { \% \; increase =\Bigg ( \dfrac{57600}{4800} \Bigg ) \; \%}} \\ [/tex]
[tex] \\ \longrightarrow \sf{\quad { \% \; increase =\Bigg ( \dfrac{576}{48} \Bigg ) \; \%}} \\ [/tex]
[tex] \\ \longrightarrow \bf{\quad\underline { \% \; increase = 12\; \%}} \\ [/tex]
Therefore, percentage increase is 12 %.