if man sells a scooter at rs 24400 ganing 22%. IF HE WANT TO GAIN 30% AND HIS SELLING PRICE IS RS 26P00,THEN P=
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Selling Price = Rs 24400
Gain = 22%
Find selling price in percentage:
Cost Price = 100%
Gain = 22%
Selling Price = 100 + 22 = 122%
Find the cost price:
Selling Price = 122%
Selling Price = Rs 24400
122% = Rs 24400
1% = 24400 ÷ 122 = Rs 200
100% = 200 x 100 = Rs 20,000
Find the new selling price:
Gain = 30% of Rs 20,000
Gain = 0.3 x 20,000 = Rs 6000
Selling Price = 20,000 + 6000 = Rs 26000
Find P:
Matching Rs 26P00 to Rs 26000
⇒ P = 0
Answer: P = 0
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