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(b) In 2020, the average price of a new car sold in Tanzan 18,000,000. By 2022, the average price of a new car had incre 24,000,000. By what percentage has the price of a new car chang- years? SOS 100​

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Final answer:

The price of a new car in Tanzan changed by 33.33% from 2020 (18,000,000) to 2022 (24,000,000).

Step-by-step explanation:

To calculate the percentage change in the price of a new car from 2020 to 2022, we first find the difference in price and then divide it by the original price. The original price in 2020 was 18,000,000 and the new price in 2022 is 24,000,000. The difference in price is 24,000,000 - 18,000,000 = 6,000,000.

Using the percentage change formula: Percentage Change = (Difference / Original Price) × 100, we get:

Percentage Change = (6,000,000 / 18,000,000) × 100 = 0.3333... × 100 = 33.33%

Therefore, the price of a new car changed by 33.33% over the two-year period.

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