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A market vendor's sales were ₹40,000 last year and ₹50,000 this year. The percent increase is:

A$10\%$
B$20\%$
C$15\%$
D$25\%$
Answer & Solution
Correct answer: D. $25\%$
(50,000 − 40,000)/40,000 × 100 = 10,000/40,000 × 100 = 25%.
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