5. Ana sold her scooty for Rs18,000 making a profit of 20%. How much did the scooty cost her ?
Answers
Answered by
20
Answer:
SP=18000
profit%=20
CP=[100/100+p%]×SP
CP=[100/120]×18000
CP=15000
Answered by
14
Answer:
Selling price of the scooty = Rs 18,000
Profit= 20%
Step-by-step explanation:
Let the cost price of the scooty be Rs x
On cost price of Rs 100 the profit was Rs 20
Therefore the selling price of the scooty was 100+20= Rs 120
On selling price of Rs 18,000 the cost price was Rs x
18,000/x = 120/100
18,000/x = 6/5
x = 18000×5/6
x = 3000/5
x = 15000
The cost price of the scooty was Rs 15,000
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