Question

2. Sayan buys a bicycle for Rs. 2200. He said it at a profit of 20 Find the selling price .​

Answer 1

Answer:

₹ 2640

Step-by-step explanation:

CP = ₹2200

Profit = 20%

To find SP, we need to 20% of CP to CP

20% of CP = $\frac{20}{100}$ × 2200 = $\frac{20}{1}$ × 22 = 20 × 22 = 440

∴ 20% of CP = ₹440

SP = CP + Profit = ₹ (2200 + 440) = ₹ 2640

∴ He sells the bicycle for ₹ 2640

Answer 2

Answer:

Total cost = Rs 5000

At 20% profit , total sale value has to be 5000*1.2= Rs 6000

Sale price of first cycle = 2500 *1.05 = Rs2625

Sale price of second = 6000 -2625 = Rs 3375

Profit on second cycle = Rs 875

Profit % = 875/2500 x 100 = 35% ANSWER

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Step-by-step explanation:

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