An automobile dealer purchased an old
scooter. He spent ₹500 on painting and
₹2000 on its servicing. He sold it for ₹9000,
thereby making a profit of 20%. What was
the price at which he had bought the scooter?
Answers
Answered by
15
Answer:
Given
let c.p.=x rupees
totally c.p=x+500+2000
=x+2500
Profit=20%
S.P=9000 rupees
so, C.P=S.P X100/100+p%
or, x+2500 =9000X100/100+20
or, x+2500=900000/120
or x+2500=7500
or, x=7500-2500
so, x=5000 rupees Ans.
Answered by
1
Your answer is 5200 because first we will subtract over head expenses then subtract 20%
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