The present cost of a house is ₹1,23,016. After a year, its cost will increase to ₹1,40,203. The percentage increase (rounded off to the nearest integer) in the cost of the house is:​

Correct option is B

Given:

Present cost of the house = ₹1,23,016

Future cost of the house = ₹1,40,203

Solution:

Percentage Increase = $$\frac{1,40,203 - 1,23,016}{1,23,016} \times 100$$​

Percentage Increase = $$\frac{17,187}{1,23,016} \times 100 = 13.98\%$$ = 14%