Question

1. Rahul purchased five old TVS bike for Rs. 42,500. He spent Rs. 12,500 on the repairing and maintenance
of these five bikes and sold one of these bike at Rs. 12,500. Find the average selling price of remaining four
bikes if he wants to earn a profit of 30% on selling all the bike.
1. Rs. 14,500 2. Rs. 16,000 3. Rs. 14,750 4. Rs. 15,750 5. Rs. 15,500​

Answer 1

Answer:

Find : profit on sell all bikes

question : how many cost price of bike and he earn profit on bike

solution :

cost price of five bikes = 42500+12500 = 55000 rs

if he get 30 percent profit on all bike,

55000×30/100 = 55000+16500

= 71500 selling price of all bike

he sell first bike in 12500 so its substract from all 5 bike sell price

71500-12500 = 59000 remaining 4 bikes sale price

now average price of each bike = 59000/4 = 14750 per bike

Hope its helpful