Question

The price of a motorcycle was 60,000 last year. It is
increased by 12% this year due to increase in price of
raw materials. Find the new price of the motorcyde,​

Answer 1

Answer:67200

Step-by-step explanation:

Increase percentage=12%

Increase in cost=(12×60,000)÷100=7200

New cost=60,000+7,200

=67200

Answer 2

$\sf\large\underline{Given:}$

$\tt{\implies The\: price\:_{(motorcycle)}=Rs.60000}$

$\tt{\implies Increased rate=12\%}$

$\sf\large\underline{To\: Find:}$

$\tt{\implies The\:new\:price\:_{(motorcycle)}=?}$

$\sf\large\underline{Solution:}$

• Simply by applying formula to calculate new price of motorcycle]

$\tt{\implies New\: price=\dfrac{100+increase\%}{100}\times\: given\: price}$

$\tt{\implies New\: price=\dfrac{100+12}{100}\times\:60000}$

$\tt{\implies New\: price=\dfrac{112}{100}\times\:60000}$

$\tt{\implies New\: price=112*600}$

$\tt{\implies New\: price=67200}$

$\sf\large{Hence,}$

$\tt{\implies The\:new\:price\:_{(motorcycle)}=Rs.67200}$