Akshay buys a motorcycle for Rs.25000. If he decides to sell the motorcycle for a profit of 7%, find the selling price.OptionsNone of these300026,7504567
Question
Akshay buys a motorcycle for Rs.25000. If he decides to sell the motorcycle for a profit of 7%, find the selling price.OptionsNone of these300026,7504567
Solution
To find the selling price of the motorcycle, we first need to calculate the profit Akshay makes.
Step 1: Calculate the profit Profit = (Profit percentage/100) * Cost price Profit = (7/100) * 25000 Profit = Rs. 1750
Step 2: Calculate the selling price Selling price = Cost price + Profit Selling price = 25000 + 1750 Selling price = Rs. 26750
So, the selling price of the motorcycle is Rs. 26750.
Similar Questions
Select the correct answerAkshay buys a motorcycle for Rs.25000. If he decides to sell the motorcycle for a profit of 7%, find the selling price.Options26,7504567None of these3000
ct the correct answerAkshay buys a motorcycle for Rs.25000. If he decides to sell the motorcycle for a profit of 7%, find the selling price.
A bike is sold for Rs 48,000, and thus the seller makes aprofit of 20%. In order to gain a profit of 25%, at what price should he sellthe bike?Rs 60,000Rs 50,000Rs 55,000Rs 52,000
Kriti sells an article for Rs 800. If she made a profit of20% on the selling price of the article, find her actual profit %.22%20%15%25%
electric bicycle is sold Rs. 15300 to earn a profit of 3 %. What should be the Selling price of the electric bicy such that a profit of 7 % is achieved?
Upgrade your grade with Knowee
Get personalized homework help. Review tough concepts in more detail, or go deeper into your topic by exploring other relevant questions.