Question

Allen bought a bicycle for Rs.12000. He spent Rs.3000 on modifications

and later sold it for a certain price. If the profit percent is 25%, how

much did he sell it for?​

Answer 1

Answer:

Selling price of the bicycle =  Rs. 18750

Step-by-step explanation:

C.P of the cycle =  buying value + modification expense

                           = Rs.12000+3000

                           = Rs. 15000

profit % = 25%

=> profit =  C.P * profit% / 100

              = 15000 * 25/100

              = 15000/4

              = 3750

so, S.P = C.P + profit

            = Rs. 15000 + Rs.3750

            = Rs. 18750