A man sold his motorcycle for Rs. 24000 and earned 20% profit. what was the original price?
Answer: 20,000
Explanation
A man sold two scooters for 24000 each.
Find the cost price of one scooter at gain of 20% :-
C.P = (S.P × 100)/(100 + gain)
= (24000 × 100)/(100 + 20)
= 2400000/120
= 20000
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