Question
Download Solution PDFThe price of a scooter increases successively by 10%, 5% and 15%. What is the total percentage increase in the price of scooter?
Answer (Detailed Solution Below)
Detailed Solution
Download Solution PDFGiven:
The price of a scooter increases successively by 10%, 5% and 15%.
Concept used:
Final percentage change after two successive increments of A% and B% = \((A + B + {AB \over 100})\%\)
Calculation:
Resultant increment% = 10 + 5 + (10 × 5)/100 = 15.5%
Final increment% = 15.5 + 15 + (15.5 × 15)/100 = \(32 \frac{33}{40} \%\)
∴ The total percentage increase in the price of the scooter is \(32 \frac{33}{40} \%\).
Last updated on Jul 12, 2025
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