To Find the S.P on selling a Motorcycle when the Profit percent and C.P are known (WP-24: Profit and Loss)

Q. A motorcycle was bought for Rs. 48,000 and was sold at a profit of 6%. Find sale price.

Solution: 

C.P = Rs. 48,000

Profit = 6%

Since profit or loss is determined on C.P, so

Profit =6% of Rs. 48,000 = `frac {6}{100}times Rs. 48,000` = Rs. 2,880

Since

Profit = S.P - C.P

so

S.P = Profit + C.P = Rs. 2,880 + Rs. 48,000 

S.P = Rs. 50,880 ------Ans.

Similar Question:

Kanwal bought an iron for Rs. 1000 and got a profit of Rs. 200. Find profit percent and sale price. 

Find sale price if C.P = Rs. 500, profit = 5% 

Find sale price if C.P = Rs. 300, loss = 10%

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