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A scooter was bought for Rs. 30000 and a...

A scooter was bought for Rs. 30000 and a repair charge of Rs. 3000 was incurred. It was sold for Rs. 39600. What was the profit percentage ?

A

10

B

20

C

25

D

15

Text Solution

AI Generated Solution

The correct Answer is:
To find the profit percentage from the given information, we will follow these steps: ### Step 1: Calculate the Total Cost Price (CP) The total cost price includes the purchase price of the scooter and the repair charges. \[ \text{Total CP} = \text{Cost Price of Scooter} + \text{Repair Charges} \] \[ \text{Total CP} = 30000 + 3000 = 33000 \] ### Step 2: Identify the Selling Price (SP) The selling price of the scooter is given as: \[ \text{SP} = 39600 \] ### Step 3: Calculate the Profit Profit is calculated by subtracting the total cost price from the selling price. \[ \text{Profit} = \text{SP} - \text{CP} \] \[ \text{Profit} = 39600 - 33000 = 6600 \] ### Step 4: Calculate the Profit Percentage The profit percentage is calculated using the formula: \[ \text{Profit Percentage} = \left( \frac{\text{Profit}}{\text{CP}} \right) \times 100 \] \[ \text{Profit Percentage} = \left( \frac{6600}{33000} \right) \times 100 \] ### Step 5: Simplify the Calculation Now, we simplify the fraction: \[ \text{Profit Percentage} = \left( \frac{6600 \div 3300}{33000 \div 3300} \right) \times 100 = \left( \frac{2}{10} \right) \times 100 = 20\% \] ### Final Answer The profit percentage is **20%**. ---
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