Question 74

The cost price of a cycle is ₹24000. If the profit is 30%, then what will be the selling price?

Solution

Given,

The cost price of a cycle is ₹24000 and the profit is 30%

therefore selling price = $$24000\times\frac{100 + 30}{100}$$

$$24000\times\frac{130}{100}$$

$$31200$$

Selling price = 31200

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