00:01
Here in this problem given, original cost of a car is $20 ,000.
00:06
Its price went up by 20 % and then by another $8 ,000.
00:12
We have to calculate how much did the price go up as percentage of the original price.
00:19
Now, after 20 % went up the price.
00:24
So the price after 20 % up.
00:33
And that will be the original cost, $20 ,000 times 120 divided by 100, 120 % because it is going 20 % up.
00:49
And we get $24 ,000.
00:55
So after the price went up 20%, the price becomes 24 ,000.
01:00
Then another $8 ,000 price went up.
01:07
So the final price, final price will be $24 ,000 plus $8 ,000...