A scooter was purchased for Rs 50,000 and sold at a profit of 20%. The selling price of the scooter was
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A scooter was purchased for Rs 50,000
So, Cost Price = C.P of scooter = Rs 50,000
Sold at a profit of 20%
The Selling Price = S.P of the scooter
So,
The Formula for finding S.P when Profit% and C.P is given
Now,
Hence,
The Selling Price = S.P of the scooter is = Rs. 60,000
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