The price of a scooter was rs 34000 last year. It has decreased by 5% this year. What is the price now?
Answers
Answer:
Question
the price of a scooter was rupees 34000 last year it was decreased by 20% this year what is the price now ?
Answer
Given,
the price of the scooter is 3400 last year
it was decreased by 20% this year
To find ,
we have to find your the price of now
how to find ?
we can find it by using the percent increase formula and then by the new price formula .
Solution
old price of the scooter = 34000
percentage increase =20%
percent increase = increase in price / old price ×100
substituting the values now ,
=>20= increase in price / 34000×100
=> 20 = increase in price / 340
=> 20×340 = increase in price
=> 6800 = increase in price
Hence , the increase in price is 6800 .
Now,
New price = old price + increase in price
=> new price = 34000+6800
=> new price = 40800
Thus , new price is now Rs. 40800 .
Step-by-step explanation: