Ram sold a motorcycle for ₹70000 at 25% profit. For what price should he sell a motorcycle to gain 30% profit ?

₹72,900 ₹72,800 ₹72,600 ₹72,700

₹72,800

Selling price of the morotcycle = 70000  Profit = 25% Then the cost price of the article = 70000 × \(\frac{100}{125}\) = 56000 Required profit = 30% Then the selling price of the motorcycle = 130% of the CP 130% of 56000 = ₹72,800