Tamiza sold off her Activa costing ₹ 55,000 to Sharmin earning a profit of 14 %. How much amount should Tamiza have got?
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62,700 will be the answer
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Answer:
Tamiza have got = Rs 62700
Step-by-step explanation:
Tamiza sold off her Activa costing ₹ 55,000 to Sharmin earning a profit of 14 %.
Cost Price of Activa = Rs 55000
Tamiza sold to sharmin at profit of 14%
Profit = (Profit % /100 ) * Cost Price
=> 14% Profit = ( 14/100) * 55000
=> Profit = Rs 7700
Selling Price = Cost Price + Profit
=> Selling Price = 55000 + 7700 = Rs 62700
Tamiza have got = Rs 62700
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