Question

(d) A man bought an old bicycle for ₹ 650.00 and sold it at a profit of ₹ 75. Whatwas the selling price?

​

Answer 1

Step-by-step explanation:

Basic formula:—

$cost price =( s.p \times 100) \div (100 + profit\%)$

$profit\% = (profit \div c.p) \times 100$

$s.p. = (c.p. \div 100) \times (100 + profit\%)$

profit= 75

c.p.=650

profit%=(75/650)×100

11.53%

s.p.= 650/100 × 100+11.53

661.53