Arun bought a car for Rs 3,50,000. The next year, the price went upto Rs 3,70,000. What was the percentage of price increase?

Question

$( A ) 4\large\frac{5}{7}\% \\ ( B ) 4\large\frac{5}{7}\% \\ ( C ) 5\large\frac{5}{7}\% \\ ( D ) 3\large\frac{5}{7}\%$