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The price of a scooter was Rs 34,000 last year. It has increased by 20% this year. What is the price now?
- a)Rs 30,800
- b)Rs 30,400
- c)Rs 40,800
- d)Rs 40,400
Correct answer is option 'C'. Can you explain this answer?
Most Upvoted Answer
The price of a scooter was Rs 34,000 last year. It has increased by 20...
Understanding the Price Increase
To determine the current price of the scooter after a 20% increase, we start with the original price from last year, which was Rs 34,000.
Calculating the Price Increase
- Percentage Increase: The scooter has increased by 20%.
- Calculating 20% of Rs 34,000:
- 20% can be calculated as (20/100) * 34,000.
- This equals Rs 6,800.
Finding the New Price
- Adding the Increase to the Original Price:
- New Price = Original Price + Increase
- New Price = Rs 34,000 + Rs 6,800
- New Price = Rs 40,800
Conclusion
The current price of the scooter after a 20% increase is Rs 40,800. Therefore, the correct answer is option 'C'.
To determine the current price of the scooter after a 20% increase, we start with the original price from last year, which was Rs 34,000.
Calculating the Price Increase
- Percentage Increase: The scooter has increased by 20%.
- Calculating 20% of Rs 34,000:
- 20% can be calculated as (20/100) * 34,000.
- This equals Rs 6,800.
Finding the New Price
- Adding the Increase to the Original Price:
- New Price = Original Price + Increase
- New Price = Rs 34,000 + Rs 6,800
- New Price = Rs 40,800
Conclusion
The current price of the scooter after a 20% increase is Rs 40,800. Therefore, the correct answer is option 'C'.
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Community Answer
The price of a scooter was Rs 34,000 last year. It has increased by 20...
Thus, Present price is Rs 40,800.
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