Question

Harpeet bought a bike for 20000 rupees and sell it at a profit of 25% how much money did he get for it.

Answer 1

Cost price= 20000
profit=25%
Selling price=?

profit%=profit/Cost price x 100
25=profit/20000 x 100
25=profit/200

profit=25x200
=5000

Selling price = Cost price + price
= 20000+5000
=25000

Therefore, Harpreet got rupees 25000

Answer 2

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