Question

at what price must a cycle which costs ₹ 3200 be sold so as to gain 12%


10 marks question ♥(･´з`･)​

Answer 1

Answer:

CP=Rs 3200

Profit=12%

SP=?

Since,SP=(100+P)/100×CP

=(100+12)/100×Rs 3200

=112/100×Rs 3200

=112×Rs 32

=Rs 3584

Hence at Rs 3584 the cycle should be sold as to gain 12%.