Question

A dealer gains 12% by selling a motor bike for Rs. 62720. But due to competition in the market , he decides to make a profit of 8%. The new selling price is

Answer 1

Answer:

SP = Rs.62720

Gain = 12%

CP==

100−20

100

∗12000

=

80

100

∗12000

=Rs.15000

Scooter -

SP=Rs.12000

gain=20%

Cp = =

120

100

∗10000

Total CP=Rs.15000+Rs.10000=Rs.25000

Total SP=Rs.12000∗2=Rs.24000

Loss = total CP= total SP

=Rs.25000−Rs.24000

=Rs.1000