The price of a certain truck this year is $36,000, which is 20 percent greater than the cost of the truck last year. What was the price of the truck last year? Select:
A) $29,000	B) $30,000	C) $31,000	D) $32,000	E) $33,000
The price of the truck last year was $36,000/1.2=$30,000   The answer is $30,000.
<result>B</result>
The price of a certain truck this year is $36,000, which is 20 percent greater than the cost of the truck last year. What was the price of the truck last year?