Question

ANU BOUGHT A CAR FOR RS. 5,00,000 AND SOLD IT AT A PROFIT OF 20% . FIND THE SELLING PRICE OF THE CAR.

Answer 1

Explanation:

given

cost price of the car = Rupees 500000

profit percentage by selling the car = 20%

Therefore selling price of the car = CP×(100+P%/100)

=500000× 120/100

= 5000×120 = 600000

So, selling price of the car = Rs 6,00,000

Answer 2

Answer:

The car must be sell for Rs.75900 to gain 15%.

Explanation:

Let x be the selling price of car.

Cost price of car =60000+10010×60000=60000+6000=66000

According to the question-

x=66000+10015×66000=66000+9900=75900

The car must be sell for Rs.75900 to gain 15%.

Hope it helps