Question

A MAN SOLD A MOTORCYCLE FOR RS 18000 AT A PROFIT OF 20%.WHAT WOULD HAVE BEEN GAINED OR LOST PERCENT IF IT HAD BEEN SOLD FOR RS.16000

Answer 1

Answer:

Profit%=\frac{New price-original price}{original price}originalpriceNewprice−originalprice *100

            \frac{18000-x}{x}x18000−x *100=20

18000-x=\frac{20x}{100}10020x

18000-x=\frac{x}{5}5x

18000=\frac{x}{5}5x +x

18000=\frac{6x}{5}56x

6x=90000

x=15000

∴ Answer is A. 15000

Answer 2

Profir % is 6.66%
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