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Mathematics

The price of an article was ₹ 680 last year. This year its price is ₹ 816. The percentage change in the price is :

  1. (816 - 680)% increases

  2. (816 - 680)% decreases

  3. 816680680×100\dfrac{816 - 680}{680}\times 100% increases

  4. 816680816\dfrac{816 - 680}{816}% increases

Percent & Percentage

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Answer

Given:

Price of an article last year = ₹ 680

Price of an article this year = ₹ 816

Difference in price = Price of an article this year - Price of an article last year

= ₹ 816 - ₹ 680

Percentage change in the price = Difference in pricePrice of an article last year×100\dfrac{\text{Difference in price}}{\text{Price of an article last year}} \times 100 %

= (816680)680×100\dfrac{(816 - 680)}{680} \times 100 %

Price of the article this year is greater than price of the article last year, means percentage change will increase.

Hence,option 3 is the correct option.

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