the price of a scooter is increased by 20% this year. If the present price is rupees 40800 what was last years price?
(if with FULL-explanation - I will mark as brainliest
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let the cost price of scooter be x
according to question
increase price = 20% = 20x/100 = x/5
Now
x + x/5 = 40800
6x/5 = 40800
x = 6800*5
x =34 000
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