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 has increased from Rs. 1040 to Rs. 1196.
Find the percentage increase in the price.
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%.
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