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Question
In the year 2015 ticket to the world cup cricket match was ₹ 1,500. This year the price has been increased by 18%. What is the price of a ticket this year?
Solution
Price of a ticket in 2015 = ₹ 1500
Increased price this year = 18% of price in 2015
= 18% of ₹ 1500
= `18/100 xx 1500`
= ₹ 270
Price of ticket this year = last year price + increased price
= ₹ 1500 + ₹ 270
= ₹ 1770
Price of ticket this year = ₹ 1770
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