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The price of a Door frame hasincreased from Rs. 1040 to Rs.1196. Find the percentage increasein the price.

Question

The price of a Door frame hasincreased from Rs. 1040 to Rs.1196. Find the percentage increasein the price.

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Solution

Sure, here are the steps to find the percentage increase in the price:

Step 1: First, find the increase in the price. This is done by subtracting the original price from the new price. So, 1196 - 1040 = 156.

Step 2: Next, to find the percentage increase, divide the increase in price by the original price. So, 156 / 1040 = 0.15.

Step 3: Finally, to convert this to a percentage, multiply by 100. So, 0.15 * 100 = 15%.

Therefore, the price of the Door frame has increased by 15%.

This problem has been solved

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