The price of a motorcycle was Rs. 34,000 last year. It has increased by 20% this year. The price of motorcycle now is:
Rs. 36,000
Rs. 38,800
Rs. 40,800
Answers
(c) Rs. 40,800
explanation -
price of motorcycle last year = Rs. 34,000
increased percentage of price = 20%
now, 20% of 34,000=34,000 x 20/100
= Rs. 6,800
so the price increased =6,800
therefore, now the price of motorcycle is =
Rs. 34,000+Rs.6,800 =Rs. 40,800
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SOLUTION
TO CHOOSE THE CORRECT OPTION
The price of a motorcycle was Rs. 34,000 last year. It has increased by 20% this year. The price of motorcycle now is
Rs. 36,000
Rs. 38,800
Rs. 40,800
EVALUATION
Here it is given that the price of a motorcycle was Rs. 34,000 last year.
Now the price has increased by 20% this year
So increase in the price
Hence the required price of motorcycle now
= Rs 34000 + Rs 6800
= Rs 40800
FINAL ANSWER
Hence the correct option is Rs 40800
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