Ravi buys a bicycle listed at Rs 5,200 and at a discount of 20%. He spends Rs 200 on transportation and Rs 154 on its repairs. If he sells it at a profit of 8%, find the selling price of the bicycle..
If anyone know the answer than tell,,,
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Answer:
The Selling price will be 4875.12
I hope this will help you I have given a very detailed explanation below....like, follow, and mark brainliest....
Step-by-step explanation:
- Listed Price = 5200
- Discount % = 20
- Discount Amount = 5200 * 20/100 = 1040
- Ravi bought at = 5200 - 1040 = 4160
- Transportation cost = 200
- Repairing cost = 154
- Total price at which Ravi bought adding extra expenses
= 4160 + 200 + 154
= 4514
- Profit % = 8
- SP = [(100 + Gain%) / 100] * CP
- SP = [(100 + 8) / 100] * 4514
- SP = [108 / 100] * 4514
- SP = 4875.12
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