What is the selling price of cycle if it is purchased at Rs 1600 and sold at profit of 12%
Answers
Answered by
1
Solution:
Cost price of the cycle ( cp ) = Rs 1600
Selling price of the cycle ( sp ) = ?
profit ( g ) = 12%
s.p = c.p × ( 100 + g )/100
= 1600( 100 + 12 )/100
= 16 × 112
= Rs 1792
Therefore ,
Selling price of the cycle = Rs1792
••••
Cost price of the cycle ( cp ) = Rs 1600
Selling price of the cycle ( sp ) = ?
profit ( g ) = 12%
s.p = c.p × ( 100 + g )/100
= 1600( 100 + 12 )/100
= 16 × 112
= Rs 1792
Therefore ,
Selling price of the cycle = Rs1792
••••
Answered by
0
Profit 12% of purchased price
12/100x1600
= 192 Rs
Profit + purchased price = selling price
192+1600 = 1792
12/100x1600
= 192 Rs
Profit + purchased price = selling price
192+1600 = 1792
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