Question

Rahul bought a car for 60000 he wants to sell it at a profit of 20% find the selling price.?
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Answer 1

YOUR ANSWER :-

Refer to the attachment !!

Answer 2

Given :-

Rahul bought a car for 6000.

He sold the car in profit of 20%.

To find :-

Selling price of car.

Solution :-

Cost price is 6000

Profit percent is 20%.

Profit = Selling price - Cost price

[When Selling price is greater than cost price]

So,

⟶ Profit = S.P - 6000

[Here, S.P is Selling price]

Thus,

Profit is S.P - 6000.

We know,

[Here, C.P is Cost price]

Put all values in formula :

⟶ 20 = (S.P - 6000)/6000 × 100

⟶ 20 × 6000 = (S.P - 6000) × 100

⟶ 120000 = (S.P - 6000) × 100

⟶ 120000/100 = S.P - 6000

⟶ 1200 = S.P - 6000

⟶ 1200 + 6000 = S.P

⟶ S.P = 7200

Therefore,

Selling price of car is 7200.