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 t

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,​

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Mia 3 days 2021-10-10T11:00:45+00:00 2 Answers 0 views 0

Answers ( )

    0
    2021-10-10T11:02:19+00:00

    \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}

    0
    2021-10-10T11:02:30+00:00

    Answer:67200

    Step-by-step explanation:

    Increase percentage=12%

    Increase in cost=(12×60,000)÷100=7200

    New cost=60,000+7,200

    =67200

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