A man sells his scooter for 1800 making a profit of 20 %. How much did the scooter cost
him?
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Answer:
x = 1500
Step-by-step explanation:
let the cost price of the scooter be x
Now profit of 20% on cost price is indicated as 20x/100
So, profit is 0.2x
So, Selling price = x + 0.2x
Given, Selling price is 1800
⇒ 1.2x = 1800
⇒ x = 1800/1.2
⇒ x =18000/12
⇒ x = 1500
Hence, the cost price of scooter is 1500rs
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