Question

A scooter was purchased for Rs 50,000 and sold at a profit of 20%. The selling price of the scooter was​

Answer 1

Step-by-step explanation:

Hope you will understand this...

Answer 2

$\bf{\underline{\underline \blue{Solution:-}}}$

AnswEr:

• The selling price of the scooter = Rs. 60,000

Given Information:

• A scooter was purchased for Rs 50,000 and sold at a profit of 20%.

Need To Find:

• The selling price of the scooter was = ?

$\bf{\underline{\underline \blue{Explanation:-}}}$

Formula used here:

$\bigstar \: \boxed{ \sf \: Selling\: Price = \frac{100 + Profit\%}{100 } \times Cost\:Price}$

Putting the values according to the given formula:

$\longrightarrow \sf {Selling\:Price = \frac{100 + 20}{100} \times 50,000}$

$\longrightarrow \sf {Selling\:Price = \frac{120 }{100} \times 50,000}$

$\longrightarrow \sf {Selling\:Price = 120 \times 500}$

$\longrightarrow \sf {Selling\:Price = 60,000}$

ThereFore:

• The selling price of the scooter was Rs. 60,000

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