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At a motorbike expo sale a man buys a R15 Bike at Rs. 23750 and pays an additional Rs. 1500 for transport and Rs. 1730 for installation of other accessories. What should be the selling price to get a profit of 17% on the whole transaction? (approximated to nearest integer)1. Rs. 32,5662. Rs. 33,0003. Rs. 33,5964. Rs. 31,567 |
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Answer» Correct Answer - Option 4 : Rs. 31,567 Given: CP of bike = Rs. 23,750 Cost on transport = Rs. 1500 Cost on installation = Rs. 1730 Formula Used: SP = CP × [(100 + Gain%)/100] Calculation: Let the SP of the Bike be Rs. x Total cost on bike = Rs. (23750 + 1500 + 1730) ⇒ Rs. 26980 SP = Rs. 26980 × [(100 + 17)/100] ⇒ Rs. 26980 × (117/100) ⇒ Rs. 31,566.66 ≈ Rs. 31,567 ∴ The required selling price of the Bike is Rs. 31,567 |
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