mohan purchased bike and spent 400 for its repairs. he sold the bike for 5800 and made a profit of 16%. at what price did he purchase the bike
sayyadmohd78:
Sry for that
I was not knowing about apologizes for it
it's okay
by the way in which standard you are ?
grade 7
and u
10th Maharastra board
in which state ?
karnataka, bangalore
okkk
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Mohan Purchased a bike and spend Rs.400 for repairs.
He sold bike for 5800 in which he got 16% profit
Profit = 16÷100*5800 = Rs. 928.
Cost price = Selling price - discount
= 5800 - 928
= Rs.4872.
The cost price of bike that mohan purchased is Rs.4872.
He also pay Rs.400 for repairing so,
4872 + 400 = Rs.5272
In total Mohan had paid Rs.5272 for his bike.
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