Ajay prakesh and old scooter for rupees 10000 ki paid 150 for road tax and 100 as licence fee what price must he sell it to gain 20%Ajay prakesh and old scooter for rupees 10000 he paid 150 for road tax and hundred as licence fee what price must he sell it to gain 20%
Answers
Correct Question :-
● Ajay prakesh had old scooter for rupees 10000 he paid 150 for road tax and hundred as licence fee what price must he sell it to gain 20% .
Solution :-
Cost Price of Scooter = Rs10000
He have to paid a road tax of Rs150
He had to pay license fee of Rs100
Total costprice of scooter = Rs10000 + 150 + 100
Total CP of scooter = Rs10250
Now,
We have to find new SP of scooter
As we know that,
Profit = Profit % /100 * CP
The seller wants to gain 20% profit
Therefore,
Profit = 20 / 100 * 10250
Profit = 2 * 1025
Profit = Rs2050
SP to gain 20% on selling a scooter
= 10250 + 2050
= 12300
Hence, The selling price will be in order to gain 20% profit is 12300
Answer:
● Ajay prakesh had old scooter for rupees 10000 he paid 150 for road tax and hundred as licence fee what price must he sell it to gain 20% .
Cost Price of Scooter = Rs10000
He have to paid a road tax of Rs150
He had to pay license fee of Rs100
Total costprice of scooter = Rs10000 + 150 + 100
Total CP of scooter = Rs10250
Now,
We have to find new SP of scooter
As we know that,
Profit = Profit % /100 * CP
The seller wants to gain 20% profit
Therefore,
Profit = 20 / 100 * 10250
Profit = 2 * 1025
Profit = Rs2050
SP to gain 20% on selling a scooter
= 10250 + 2050
= 12300