Question

17. A motorcycle is sold for 62540 at a profit of 18%.
What was the cost price of the motorcycle? At what
price must it be sold to earn a profit of 21%?




Please step by step process ​

Answer 1

Answer:

cost price = ₹53000

selling price profit of 21% is ₹64130

Step-by-step explanation:

100% + 18% = 118% equals to 62540

100% equals to 62540*100/118

= 53000

100% +21%= 121% equals to 62540*121/118

= 64130

Answer 2

Step-by-step explanation:

sp= 62540

cp at profit 18%=100/100+18*62540 = 8000

now cp=8000, profit=21%

then,sp=100+21/100*8000 = 9680