Question

rent
. Ana sold her scooty for
18,000 making a profit of 20%. How much did the Scotty cost her?​

Answer 1

Answer:

✬ C.P = Rs 15,000 ✬

Step-by-step explanation:

Given:

Selling Price of scooter is Rs 18000.

Profit percent on scooter is 20%.

To Find:

What is the Cost Price of scooter ?

Solution: If there S.P and Profit % are given and we need to find C.P then the formula for finding Cost price is

★ C.P = S.P \times× 100/100 + Profit % ★

Put the values on formula

\begin{gathered}\implies \: \frac{18000 \times 100}{100 + 20} \\ \\ \implies \: \frac{1800000}{120} \\ \\ \implies \: 15000\end{gathered}

⟹

100+20

18000×100

⟹

120

1800000

⟹15000

Hence, the Cost Price of scooter was Rs 15,000.