Question

A Vehicle was purchased for ₹ 9,000 and ₹ 1050 was spent on its repair. At
what price, should it be sold to gain a profit of ₹ 25%? please explain fast and step by step

Answer 1

Answer:

Total cost price = 9OOO + 1O5O

= ₹ 1OO5O

25% profit = 25\1OO x 1OO5O

= 211O.5 Is profit rupees

Selling price for 25% profit = ( 1OO5O + 211O.5 )

= ₹ 1216O.5 ( Ans )

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