Question

Ravi bought a bicycle for rupees 6500 and sold it at a profit of 20% . calculate the profit in rupees made by ravi . also, find the price at which ravi sold the bicycle.
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Answer 1

Given :

• Ravi bought a bicycle for Rs.6500 and sold it at a profit of 20 % .

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To Find :

• Find the profit and the selling price .

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Solution :

~ Formula Used :

$\large{\color{darkblue}{\bigstar}} \: \: {\underline{\boxed{\red{\sf{ Profit = \dfrac{Cost \: Price \times Profit \: \% }{100}}}}}}$

$\\ \large{\color{darkblue}{\bigstar}} \: \: {\underline{\boxed{\red{\sf{ Selling \: Price = Cost \: Price + Profit }}}}}$

$\qquad{━━━━━━━━━━━━━━━━━━━━━}$

~ Calculating the Profit :

${\leadsto \: \: {\sf{ Profit = \dfrac{Cost \: Price \times Profit \: \% }{100} }}} \\ \\ \ {\leadsto \: \: {\sf{ Profit = \dfrac{ 6500 \times 20 }{100} }}} \\ \\ \ {\leadsto \: \: {\sf{ Profit = \cancel\dfrac{130000}{100} }}} \\ \\ \ {\qquad{\textsf{ Profit on the Bicycle = {\pink{\bf{ ₹ \: 1300 }}}}}}$

$\qquad{━━━━━━━━━━━━━━━━━━━━━}$

~ Calculating the Selling Price :

${\leadsto \: \: {\sf{ Selling \: Price = Cost \: Price + Profit }}} \\ \\ \ {\leadsto \: \: {\sf{ Selling \: Price = 6500 + 1300 }}} \\ \\ \ {\qquad{\textsf{ Selling price of the Bicycle = {\purple{\bf{ ₹ \: 7800 }}}}}}$

$\qquad{━━━━━━━━━━━━━━━━━━━━━}$

~ Therefore :

❝ Ravi sold the bicycle at ₹ 7800 and had a profit of ₹ 1300 . ❞

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Answer 2

Answer:

7800

Step-by-step explanation: