The price of a certain motorbike this year is $8,964, which is 8 percent greater than the cost of the motorbike last year. What was the price of the motorbike last year? Pick one:	A) $8,000	B) $8,100	C) $8,200	D) $8,300	E) $8,400
The price of the motorbike last year was $8,964/1.08=$8,300   The answer is $8,300.
<result>D</result>
The price of a certain motorbike this year is $8,964, which is 8 percent greater than the cost of the motorbike last year. What was the price of the motorbike last year?