SOLUTION: Karika bought a car for 2,50,000.The next year price went up to 2,70,000.What was the percentage increase?

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Question 1127331: Karika bought a car for 2,50,000.The next year price went up to 2,70,000.What was the percentage increase?
Answer by FrankM(1040)   (Show Source): You can put this solution on YOUR website!
270000/250000 = 1.08
The value grew by 8%

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