Question

A second hand car was sold for Rs. 72,000 at a profit of 20%. The cost price of the car was-

Answer 1

Answer:

Rs. 60000

Step-by-step explanation:

Given the selling price of car = 72,000

The profit claimed = 20%

Let the cost price be "x"

then profit = x/100 × 20

=> x/5

so now the selling price = cost price + profit

=> 72000= (x + x)/5

=> 72000= 6x/5

=> 72000 × 5/6 = x

=> 12000 × 5 = x

=> 60000=x