what is the purchase price if 25 profit is added to it.if a motor cycle tyre is sold Rs.300
Answers
Question :
What is the purchase price if 25 % profit is added to a motor cycle tyre which is sold for Rs.300?
Answer :
The cost price of the Motor Cycle tyre is Rs.2740
Given :
Profit percent = 25
Selling price (S.P) = 300
To find :
The Cost (C.P) or the purchase price of the Motor cycle tyre
Solution :
We know that,
S.P = C.P + Profit % of C.P
Let C.P be Rs.x
=> 300 = x + 25/100 × x
=> 300 = x + 25x/100
=> 300 = (100x + 25x)/100
=> 300 = 125x / 100
=> 300 × 100 = 125x
=> 30000 / 125 = x
=> x = 240
Hence, the cost price of the Motor Cycle tyre is Rs.240
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Answer:
The motorcycle tyre costs Rs. 2740 at cost.
Explanation:
Profit margin = 25
selling cost (S.P) = 300
We are aware of that.
S.P = C.P + Profit % of C.P
Let C.P be Rs.x
=> 300 = x + 25/100 × x
=> 300 = x + 25x/100
=> 300 = (100x + 25x)/100
=> 300 = 125x / 100
=> 300 × 100 = 125x
=> 30000 / 125 = x
=> x = 240
Consequently, the cost of the motorcycle tyre is Rs. 240.
A motor cycle tyre is sold for Rs. 300/- what is the purchase price if 25% profit is added to it.
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