Rahul purchaced a scooter for 13/15 th of the selling price and sold it at 12% more than the selling price. His gain is
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Rahul purchaced a scooter for 13/15 th of the selling price and sold it at 12% more than the selling price. His gain is
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Answer:
CP =1315 SP , CPSP=1315
If they sold 12% more then its Old selling price. So New selling price is
=15+12100×15=16.8
∴ Profit = SP - CP
= 16.8 - 13 = 3.8
Profit% =3.813×100=29313%