Question 12 Marks
By selling a scooter for Rs. 9,200, a man gains 15%. Find the cost price of the scooter.
Answer
View full question & answer→S.P. of the scooter $=$ Rs. 9200
Gain $=15 \%$
$\therefore$ C.P. $=\frac{\text { S.P. } \times 100}{100+\text { gain } \%}$
$=\frac{9200 \times 100}{100+15}$
$=\frac{9200 \times 100}{115}=8000$
the cost price of the scooter is Rs 8000
Gain $=15 \%$
$\therefore$ C.P. $=\frac{\text { S.P. } \times 100}{100+\text { gain } \%}$
$=\frac{9200 \times 100}{100+15}$
$=\frac{9200 \times 100}{115}=8000$
the cost price of the scooter is Rs 8000