If the price of an item rises from $\text{Rs }500$ to $\text{Rs }575$, the percentage increase is:
Practice this question from Chapter Mock 3: Percentage, with options and an explanation.
Question
If the price of an item rises from $\text{Rs }500$ to $\text{Rs }575$, the percentage increase is:
Option A
12%
Option B — Correct answer
15%
Correct choice.
Option C
18%
Option D
20%
Explanation
Increase $=75$. So percentage increase $=\frac{75}{500}\times100=15\%$.