### Instruction: 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?
Answer Choices: (A) $8,000 (B) $8,100 (C) $8,200 (D) $8,300 (E) $8,400 Let's write a Python program to solve it.### Response: current_price = 8964
percentage_increase = 8
# calculate the price of the motorbike last year
last_year_price = current_price / (1 + percentage_increase / 100)
print(last_year_price)