electric bicycle is sold Rs. 15300 to earn a profit of 3 %. What should be the Selling price of the electric bicy such that a profit of 7 % is achieved?
Question
Solution 1
Sure, let's solve this step by step.
Step 1: First, we need to find the cost price of the electric bicycle. We know that the selling price is Rs. 15300 and this includes a profit of 3%. So, the cost price would be 100% of the price. We can set up the equation as follows:
15300 = 103% of cost price Knowee AI is a powerful AI-powered study tool designed to help you to solve study problem.
Knowee AI is a powerful AI-powered study tool designed to help you to solve study problem.
Knowee AI is a powerful AI-powered study tool designed to help you to solve study problem.
Knowee AI is a powerful AI-powered study tool designed to help you to solve study problem.
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