Ravi buys a bicycle listed at Rs 5200 at a discount of 20%.He spend Rs200 on transportation and Rs154 on its repairs. He sells it at a profit of 8% find the selling price of the bicycle.
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Step-by-step explanation:
cp = 5200 discount =20% money on transportation =rs.154 total c.p=5200 + 154 = rs 5354 discount = 20% × total c.p = 20/100×5354 = rs 1070.5 profit = 8% , profit = 8/100×5354 =rs 428.32 sp = total c.p + profit =5354+428.32 = 5782.32 rs. total sp = sp- discount = 5782.32 - 1070.50 = 4711.82 rs.
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