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Arun purchased a car in ₹3,50,000 and next year its price has increased up to ₹3,70,000. Find the percentage increase in the price of car.

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Arun purchased a car in ₹3,50,000 and next year its price has increased up to ₹3,70,000. Find the percentage increase in the price of car.

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Original Price = ₹3,50,000

Increased Price = ₹3,70,000

Increment in Price = ₹(3,70,000 – 3,50,000)
= ₹20,000

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