Question

ajay bought sold a car for Rs 2,47,250 at a profit of 15%. What was the actual price of the car?​

Answer 1

Answer:

Answer:

The actual price of the car is Rs. 21,50,000.

Step-by-step explanation:

Given :

Ajay = Rs. 2,47,250

Profit % = 15 %

To find :

The actual price of the car

Solution :

\bigstar\:{\boxed{\sf\:{CP = \frac{100}{(100 + profit\%)} \times SP}}}★

CP=

(100+profit%)

100

×SP

\begin{lgathered}\sf{\implies} \:CP = \dfrac{100}{(100 + 15)} \times 247250 \\ \\ \sf{\implies} \:CP = \dfrac{100}{115} \times 247250 \\ \\ \sf{\implies} \:CP = 100 \times 2150 \\ \\\sf{\implies} \:CP = 100 \times 2150 \\ \\ \sf{\implies} \:CP = 215000\end{lgathered}

⟹CP=

(100+15)

100

×247250

⟹CP=

115

100

×247250

⟹CP=100×2150

⟹CP=100×2150

⟹CP=215000

Cost Price = Rs. 21,50,000

\therefore∴ The actual price of the car is Rs. 21,50,000.