Practicing Success
If Ravi sells an old scooter for ₹18,000, then his loss incurred is 10%. If he sells it to gain a profit of 15%, then the selling price is: |
₹20, 000 ₹22, 000 ₹24, 000 ₹23, 000 |
₹23, 000 |
Selling price of a scooter = 18,000 Loss = 10% He wants a profit of = 15% According to the question, The selling price = 18,000 × \(\frac{115}{90}\) = ₹23, 000 |