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Question

Nishant sold his scooter for Rs. 24150 making a profit of 15%. Find the price of the scooter .

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Solution

Given that,
Nishant sold his scooter for Rs. 24150.
He made aprofit of 15%.

To find out,
The price of the scooter.
We know that, CP=100100+profit%×SP

Here, SP=Rs. 24150 and profit%=15

CP=100100+15×24150

=100115×24150

=Rs. 21000

Hence, the price of the scooter is Rs. 21000.

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