The cost of the car is increased $20 %$ . This year cost is $240000$ . What was the cost is last year.

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Solution

Let the cost of the car in the last year was is $x$ .

Given the cost of the car is increased $20 %$ .

Then according to the problem,

$x (1 + \frac{20}{100}) = 240, 000$

or, $\frac{120 x}{100} = 240, 000$

or, $x = 200, 000$ .

So the cost of the car in the last year was $200, 000$ .

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The cost of the car is increased 20%. This year cost is 240000. What was the cost is last year.

Let the cost of the car in the last year was is x.Given the cost of the car is increased 20%.Then according to the problem,x(1+20100)=240,000or, 120x100=240,000or, x=200,000.So the cost of the car in the last year was 200,000.

The cost of the car is increased $20 %$ . This year cost is $240000$ . What was the cost is last year.

Let the cost of the car in the last year was is $x$ .

Given the cost of the car is increased $20 %$ .

Then according to the problem,

$x (1 + \frac{20}{100}) = 240, 000$

or, $\frac{120 x}{100} = 240, 000$

or, $x = 200, 000$ .

So the cost of the car in the last year was $200, 000$ .