The price of petrol rises by 8%.
If the old price was ₹80 per litre, what is the new price?
Show answer & explanation
Correct answer: B
Explanation
Original Price = ₹80
Increase = 8%
New Price = Original Price × (1 + 8/100)
New Price = 80 × 1.08 = ₹86.4 per liter