Question

mohan bought a cycle for RS2400. at what price should he sell it to make a profit of 8%?

Answer 1

hey buddy here's your solution

selling price of cycle should be = (2400÷100)×108

S.P. = 24×108 = ₹2592.

Mohan should sale his cycle for ₹2592 to get profit of 8% .

Answer 2

First we calculate 8% of 2400

8/100*2400=192

Now we add this to 2400

2400+192=2592

Thus Mohan should sell the cycle at a price of RS2592 in order to get a profit of 8%