A car originally costs $30,000. Its price went up by 30% and then by another $6,000. How much did the price go up as a percentage of the original price?
Answers
Answer:
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Step-by-step explanation:
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Given,
Original cost of car = $30000
Price went up for = 30%
Then by another = $6000
To find,
How much did the price go up as a percentage of the original price?
Solution,
We can simply solve this mathematical problem by using the following mathematical process.
Now, we have to calculate the price of the car after price increase for two times.
Price after first price increase :
= $30000 + ($30000 × 30/100)
= $30000 + $9000
= $39000
Price after second price increase :
= $39000 + $6000
= $45000
So,
Original price = $30000
Increased price = $45000
Difference between increased price and original price = ($45000 - $30000) = $15000
Now,
The percentage of price increase w.r.t original price :
= 100 × (Difference between increased price and original price / Original price)
= (100 × 15000/30000) %
= 50%
Hence, price went up for 50%