# Arun bought a car for $Ã¢â€šÂ¹\ 3,50,000$. The next year, the price went upto $Ã¢â€šÂ¹\ 3,70,000$. What was the Percentage of price increase?

**Given: **Arun bought a car for $â‚¹\ 3,50,000$. The next year, the price went upto $â‚¹\ 3,70,000$.

**To do:** To find the percentage of price increase.

**Solution:**

**
**

Car bought at the price$=â‚¹\ 3,50,000$

Price for the next year$=â‚¹\ 3,70,000$

Percentage of price increase$=\frac{3,70,000-3,50,000}

{3,50,000}\times100$

$=\frac{20,000}{3,50,000}\times100$

$=\frac{200}{35}$

$=5.7$ %

Thus, $5.7$ % is the price increase.

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