Question

A man sells his scooter for rs 24,000 and makes a profit of 20%. What is the Cost price of the Scooter

Answer 1

$\huge {\red {\bold {Ânswer}}}$

The CP of the scooter is Rs. 20000.

$\huge {\red {\bold {Êxplanation}}}$

Given :

• SP = Rs. 24000
• Profit % = 20 %

Now :

$CP = \frac{SP \times 100}{100 + Profit\%} \\ = > CP = \frac{24000 \times 100}{100 + 20} \\ = > CP = \frac{2400000}{120} \\ = > CP = Rs. \: 20000$

Hence, the cost price of the scooter is Rs. 20000.

$\huge {\red {\bold {Ťhank Ýou}}}$

Answer 2

ANSWER-

S.P OF THE SCOOTER= ₹24,000

PROFIT%= 20%

C.P= 100/100+20%×₹24,000

C.P= ₹240,000

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