Answers

2016-03-22T20:44:13+05:30
Monthly expenditure=7,000
Increases by=8%
New expenditure=7,000+(7,000*8)/100
New expenditure=7,000+560
New expenditure=7,560
Increase =7,560-7,000
Increase =560

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2016-03-23T08:52:55+05:30
Monthly expenditure = Rs.7000

Price hike (in percent) = 8%

Price hike (in Rupees) = 8% of 7000
= 8/100 × 7000
=Rs. 560
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