Question 8

A cycle was sold for ₹4,140 with a profit of 15%. At what price could it have been sold to earn a profit of 25% ?

Solution

S.P=4140 Rs And profit % = 15

C.P=4140$$\times\ $$($$\ \frac{\ 100}{115}$$) =3600

for earn 25 % profit

New selling price =3600$$\times\ $$($$\ \frac{\ 125}{100}$$)=4500

option 'B' is correct.


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