Question

A bicycle is purchased for ₹1800 and is sold at a profit of 20%. Its selling price is

Answer 1

Answer:

(b) ₹ 2016 From the question it is given that, A bicycle is purchased for ₹ 1800 Bicycle is sold at a profit of 12%. Its selling price is =? We know that, Profit percent = (Profit/CP) × 100 12 = (Profit/₹ 1800) × 100 (12 × 1800)/100 = Profit Profit = 12 × 18 Profit = ₹ 216 Then, Profit = SP – CP 216 = SP – 1800 SP = 216 + 1800 SP = ₹ 2016Read more on Sarthaks.com - https://www.sarthaks.com/793988/bicycle-purchased-for-1800-and-is-sold-at-profit-of-12-its-selling-price-1584-2016-1788-1812