A price rises from Rs. 250 to Rs. 300. What is the percentage increase?
Correct answer: B. 20%
- A. 15%
- B. 20%
- C. 25%
- D. 30%
Explanation
The increase is Rs. 50, and 50 divided by 250 equals 0.20. Therefore, the percentage increase is 20%, not 25% of the new price.
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