Mathematics
Last year, oranges were available at ₹ 24 per dozen; but this year, they are available at ₹ 50 per score. Find the percentage change in the price of oranges. [1 score = 20]
Percent & Percentage
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Answer
Last year, cost of oranges = ₹ 24 per dozen
Cost of one orange = ₹ = ₹ 2
This year, cost of oranges = ₹ 50 per score
Cost of one orange = ₹ = ₹ 2.5
Change in price = ₹ (2.5 - 2) = ₹ 0.5
Change in price is positive means price of oranges has increased.
Percentage increase = %
= %
= %
= %
Hence, percentage change in the price of orange = 25% increase.
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