Quantitative Aptitude · Percentages
A shopkeeper increases the price of an article by 20%. If the original price was ₹500, what is the new price?
Question
A shopkeeper increases the price of an article by 20%. If the original price was ₹500, what is the new price?
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Explanation
Explanation
Step 1: Find the increase
Percentage increase = 20% of original price
Step 2: Add the increase to the original price
New Price=500+100=600\text{New Price} = 500 + 100 = 600New Price=500+100=600✅ So, the new price of the article is ₹600.