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 land, rounded to the nearest integer.

ArithmeticPercentage IncreaseFinancial MathematicsRounding
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 land, rounded to the nearest integer.

2. Solution Steps

First, calculate the increase in price:
Increase=New PriceOriginal PriceIncrease = New\ Price - Original\ Price
Increase=1,89,2971,12,079=77,218Increase = 1,89,297 - 1,12,079 = 77,218
Next, calculate the percentage increase:
Percentage Increase=(Increase/Original Price)100Percentage\ Increase = (Increase / Original\ Price) * 100
Percentage Increase=(77,218/1,12,079)100Percentage\ Increase = (77,218 / 1,12,079) * 100
Percentage Increase=0.689100=68.9%Percentage\ Increase = 0.689 * 100 = 68.9\%
Finally, round the percentage increase to the nearest integer:
Rounded Percentage Increase=69%Rounded\ Percentage\ Increase = 69\%
The original options listed in the image appear incorrect. Let us check the math carefully again.
Increase = 189297112079=77218189297 - 112079 = 77218
Percentage increase = (77218/112079)100=68.9%(77218/112079) * 100 = 68.9\%.
Rounding to the nearest integer yields 69%69\%. There seems to be some misunderstanding on the values in the image, but the calculations seem to be perfect.

3. Final Answer

69%

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