The price of petrol increases by 6% every year. If the current price is ₹ 110 per litre. Then what will be price of one litre petrol after 2 years? |
₹ 125.62 ₹ 120.66 ₹ 123.60 ₹ 126.68 |
₹ 123.60 |
Price of petrol = 110 Increase = 6% 6% = 3/50 So, SP after two years will be = 110 × 53/50 × 53/50 = ₹ 123.60 |