Sohan purchased an old scooter, and sold it for ₹28,000 thus gaining a 12% profit on the cost price. The cost price of the scooter is

₹25,000 ₹26,000 ₹30,000 ₹27,000

₹25,000

The selling price of the scooter = 28000 Profit% = 12% Then the cost price of the scooter = 28000 × \(\frac{100}{112}\) = 25000