ravi buys a cycle listed at 5200 and at a discount of 20% . he spends 200 on transportation and 154 on its repair . if he sells it at profit of 8% ,find the selling price of the cycle
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Answered by
48
Answer:
Rs.4875.12
Step-by-step explanation:
CP of cycle = Rs.5200
Discount% = 20%
Discount =
Discounted price = Rs.5200 - Rs.1040 = Rs.4160
He spends 200 on transportation and 154 on its repair .
New total cost = Rs.4160 +Rs.200+Rs.154 =Rs.4514
New CP = Rs.4514
Profit% = 8%
Profit =
SP = CP+Profit =Rs.4514+ Rs. 361.12 =Rs.4875.12
Hence the selling price of the cycle is Rs.4875.12
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