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in Percentage and Simple Interest by (26.4k points)
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In the year 2015 ticket to the world cup cricket match was Rs 1,500. This year the price has been increased by 18%. What is the price of a ticket this year?

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Best answer

Price of a ticket in 2015 = Rs 1500 

Increased price this year = 18% of price in 2015 

= 18 % of Rs 1500 

= \(\frac{18}{100}\) x 1500 

= Rs 270 

Price of ticket this year = last year price + increased price

= Rs 1500 + Rs 270 

= Rs 1770 

Price of ticket this year = Rs 1770

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