Dinesh gains 20% by selling his old motorcycle for rs. 25000. at what price must he sells his motorcycle to gain 32% as a profit
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Dinesh must sell his motorcycle for Rs. 33000 in order to gain a 32% profit.
To calculate the price at which Dinesh must sell his motorcycle to gain 32% as a profit, you can use the following formula:
Profit = (selling price - cost price) / cost price * 100%
We know that Dinesh's cost price is Rs. 25000, and he wants to gain 32% profit on it. So we can set up the equation as follows:
Profit =
Where x is the selling price.
To solve for x, we can cross-multiply and simplify:
Therefore, Dinesh must sell his motorcycle for Rs. 33000 in order to gain a 32% profit.
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