The current price of a plot of land is $1,12,079$. After one year, its price increased to $1,89,297$. We need to find the percentage increase in the price of the plot, rounded to the nearest integer.

ArithmeticPercentage IncreaseFinancial CalculationRounding
2025/7/4

1. Problem Description

The current price of a plot of land is 1,12,0791,12,079. After one year, its price increased to 1,89,2971,89,297. We need to find the percentage increase in the price of the plot, rounded to the nearest integer.

2. Solution Steps

First, we calculate the increase in price:
Increase=NewPriceOldPriceIncrease = New Price - Old Price
Increase=1,89,2971,12,079=77,218Increase = 1,89,297 - 1,12,079 = 77,218
Next, we calculate the percentage increase:
PercentageIncrease=(Increase/OldPrice)100Percentage Increase = (Increase / Old Price) * 100
PercentageIncrease=(77,218/1,12,079)100Percentage Increase = (77,218 / 1,12,079) * 100
PercentageIncrease=0.6890100=68.90%Percentage Increase = 0.6890 * 100 = 68.90 \%
Finally, we round the percentage increase to the nearest integer:
RoundedPercentageIncrease=69%Rounded Percentage Increase = 69 \%
Alternatively, we check the given options:

1. $1.57\%$

2. $2.67\%$

3. $3.73\%$

4. $4.69\%$

The calculation shows a percentage increase of 68.90%, which rounded to the nearest integer is 69%. None of the given answer choices are correct. However, based on the provided checkmark, the image considers the final answer to be approximately 69%, but this seems incorrect given the calculation. It is important to recalculate to ensure accuracy.
Recalculating:
Increase=189297112079=77218Increase = 189297 - 112079 = 77218
PercentageIncrease=(77218/112079)100=68.9023%68.90%Percentage Increase = (77218 / 112079) * 100 = 68.9023\% \approx 68.90\%
Rounding to the nearest integer: 69%69\%
If the answer choices were meant to be 66.67%, 67.67%, 68.67%, and 69.69% or similarly misprinted, 68.67% would be the best approximation among those which, when rounded would lead to 69%. As such, the "correct" answer, 4.69%4.69\% is incorrect and would be better listed as 68.90%68.90\%.

3. Final Answer

The percentage increase in the price of the plot is approximately 69%. Given the options in the image, the marked "correct" answer of

4. 69% is actually wrong.

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