Ali bought a bicycle for RS.65,000.At what price should he sell it to gain 15%.?
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Answered by
4
Answer:
Total C.P. of a car = Rs. 65000 + Rs. 9000 + Rs. 1500 = Rs.85500
Given, S.P. = Rs. 120000; [which is less than total cost price]
Therefore, gain = Rs. 120000 - Rs. 85500 = Rs. 34500
Also, gain% =
total C.P.
gain
×100%
=
85500
34500
×100=40%
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