the price of a motorcycle was rupees 60000 last year it is increased by 12% this year due to the increase in price of raw material find the new price of motorcycle
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The new price of motorcycle is ₹67200
Step-by-step explanation:
GIVEN
Price of a motorcycle lst year = 60000
Price increased this year = 12%
___________________________
To Find
The new price of motorcycle
___________________________
We know that,
12% = percent / 100 × old price
12% = 12 / 100 × 60000
12% = 0.12 × 60000
12% = 7200
12% = ₹7200
___________________________
Now,
Let's find the new price of motorcycle
= old price + 12% price
= 60000 + 7200
= 67200
New price = ₹67200
The new price of motorcycle is ₹67200
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