A motorcycle was bought for 40000rs. 1200rs spent on its maintenance. At what Price it be sold to gain 5 percentage
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Answer:
43260₹
Step-by-step explanation:
Cost price = 40000₹
Maintenance = 1200₹
Total cost = 40000+1200 = 41200₹
Gain % = 5%
[(Selling price - Cost price) / cost price] × 100 = 5
[(Selling price - 41200) / 41200] × 100 = 5
Selling price = 43260₹
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