Question
Amit purchased a bike for Rs. 18,000. He spent 20% of
the cost he paid for the bike on repairs. Afterward, he sold the bike to Chaman and made a profit of 25%. Calculate the amount that Chaman paid to Amit.Solution
Total cost of the bike for Amit = 18000 × 1.20 = Rs. 21,600 Amount paid by Chaman = 21600 × 1.25 = Rs. 27,000
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