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.
2025/7/4
1. Problem Description
The current price of a plot of land is . After one year, its price increased to . 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:
Next, we calculate the percentage increase:
Finally, we round the percentage increase to the nearest integer:
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:
Rounding to the nearest integer:
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, is incorrect and would be better listed as .
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