The Price of an orange has increased 8k to 10k what is the percentage increase

1 answer

To calculate the percentage increase in the price of an orange from 8k to 10k, you can use the following formula:

\[ \text{Percentage Increase} = \left( \frac{\text{New Price} - \text{Old Price}}{\text{Old Price}} \right) \times 100 \]

Here, the old price is 8k, and the new price is 10k.

1. Subtract the old price from the new price:
\[ 10k - 8k = 2k \]

2. Divide the result by the old price:
\[ \frac{2k}{8k} = 0.25 \]

3. Multiply by 100 to convert to a percentage:
\[ 0.25 \times 100 = 25\% \]

So, the percentage increase in the price of an orange is 25%.