Question

A motorcycle was bought for 37840 and sold at a profit of 7%. The selling
price was?
​

Answer 1

Answer:

Rs. 40488.80

Step-by-step explanation:

Cost Price = Rs. 37,840

Profit = Rs. 37.840 + (7% of 37,840)

         = Rs. 37,840 + (7/100 * 37,840)

         = Rs. 37,840 + (2,64,880 / 100)

         = Rs. 37,840 + Rs. 2,648.80

         = Rs. 40488.80