Question

A broker sells a bicycle to a person. The broker gains a profit of 6%.he received a profit of Rs 250 more when he ?

Answer 1

Answer:

If purchasing price = 100

then

selling price = 356

Step-by-step explanation:

Since purchasing price of bicycle is not given so we suppose price = 100

To get the profit 6 %  selling price = purchase price + profit

                                                         = 100 + 6 % of 100 = 100 + 6 = 106

Thus

IF broker want to get profit 250 more then

Profit = 250 + 6 = 256

And

Selling price = 256 + 100 = 356

Thus

If purchasing price = 100

then

selling price = 356

Note:

You can find the price in similarly way for you any purchasing price as you not give the complete data so I consider the price equal to 100