Land Rover has increased the price of a FreeLander by 1/5 from the original price. The original price of the FreeLander was $30,000. What is the new price?

Question

This is a Chapter 2 word problem from the Business Math Text.

Answer 1

Increase by 1/5 makes 

the new price 6/5 of the

original price

 

Let X be the new price

 

   6/5 of $30,000 = X

 

    (6/5) $30,000 = X

 

            $36,000 = X