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The present cost of a apartment is ₹152629. After a year, its cost increased to ₹186783. The percentage increase (rounded off to the nearest inte
Question

The present cost of a apartment is ₹152629. After a year, its cost increased to ₹186783. The percentage increase (rounded off to the nearest integer) in the cost of the apartment is:

A.

22

B.

26

C.

19

D.

18

Correct option is A

Given:

Present cost of the apartment = ₹152,629

Cost of the apartment after a year = ₹186,783

Formula Used:

Percentage increase =New costOld costOld cost×100 \frac{\text{New cost} - \text{Old cost}}{\text{Old cost}} \times 100

Solution:

Difference in cost = 186783 - 152629 = 34154

Percentage increase =34154152629×100 \frac{34154}{152629} \times 100 22%​\approx22\%

Rounding to the nearest integer, the percentage increase is 22%.

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