Question

2. A scooter is bought for Rs. 28,000 and sold
at a profit of 14% . Find the selling price
(a) 30,000
(b) 32,000
(c) 35,000
(d) 28,000
(e) None of these​

Answer 1

Answer:

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Answer 2

Answer:

Option e. None of these

The Selling price is Rs. 31,920.

Step-by-step explanation:

Given :

Cost Price = Rs. 28,000

Profit % = 14%

To find :

The selling price

Solution :

Cost Price and Selling Price. Cost price is the price at which an article is purchased. Selling price is the price at which an article is sold.

${\boxed{\sf\:{SP = \frac{(100 + profit\%)} {100} \times CP}}}$

$\sf{\longrightarrow} \: SP = \dfrac{(100 + 14)} {100} \times 28000 \\ \\ \sf{\longrightarrow} \: SP = \dfrac{114}{100} \times 28000 \\ \\ \sf{\longrightarrow} \: SP = 114 \times 280 \\ \\ \sf{\longrightarrow} \: SP = 31920$

Selling price = Rs. 31,920

$\therefore$ The Selling price is Rs. 31,920.