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ct the correct answerAkshay buys a motorcycle for Rs.25000. If he decides to sell the motorcycle for a profit of 7%, find the selling price.

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ct the correct answerAkshay buys a motorcycle for Rs.25000. If he decides to sell the motorcycle for a profit of 7%, find the selling price.
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Solution 1

Step 1: Understand the problem Akshay bought a motorcycle for Rs.25000 and he wants to sell it for a profit of 7%. We need to find the selling price.

Step 2: Calculate the profit Profit is calculated as a percentage of the cost price. So, 7% of Rs.25000 is calculated as (7/100)*25000 = Rs.1750

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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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