Ajay purchased an old scooter from Rs 10,000. he paid Rs 150 for road tax and rs 100 as licence fee .what price must he sell it go to gain 20%
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Answer:
he should sell it at 12300
Step-by-step explanation:
c.p=10000+150+100=10250
g%=20
sp= {(100 + P%)/100} × CP
sp={(100+20%)/100}*10250
sp={120/100}*10250
sp=1.2*10250
sp=12300
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