Question

5. For what sum a scooter costing 16,000 should be sold to profit 12.5%​

Answer 1

Answer:

sale= cost+ price

16000=12%+ price

price = 16000-1920=14080

hope it was helpful to you guys

Answer 2

Answer:

we have: C.P.=16,000 & gain%=12.5

To find SP, below is the formula

Selling Price: (S.P.)

    SP =(100 + Gain %) ÷ 100 x C.P.

According to formula and question,

S.P.=(100+12.5) ÷ 100 × 16,000 = 18,000

so, the scooter should be sold at Rs 18,000 to gain 12.5% profit.

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