If the price of an item increased from ₹3,135 to ₹4,389, what is the percentage change?

Correct option is C

Given:

Initial price = ₹3,135

Final price = ₹4,389

Formula Used:

Percentage Change =$$\frac{\text{Final Price} - \text{Initial Price}}{\text{Initial Price}} \times 100$$​

Solution:

Percentage Change $$= \frac{4389 - 3135}{3135} \times 100$$​​

=$$\frac{1254}{3135} \times 100 =40\%$$​

The percentage change is 40%.