Question
The accommodation in an apartment costs ₹ 42 lakh. After 6 months, there was a 10% price hike, the new cost is:
Answer: Option B
:
B
The price hike is 10%. So, 10% of 42,00,000 would give you the price hike.
Hence, 10100×42,00,000=4,20,000
So, adding this amount to the previous price i.e. 42 lakhs would give you the new price.
So, 42,00,000 + 4,20,000 =₹ 46,20,000
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:
B
The price hike is 10%. So, 10% of 42,00,000 would give you the price hike.
Hence, 10100×42,00,000=4,20,000
So, adding this amount to the previous price i.e. 42 lakhs would give you the new price.
So, 42,00,000 + 4,20,000 =₹ 46,20,000
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