Q10 of 140 Page 196

A bicycle is purchased for Rs 1800 and is sold at a profit of 12%. Its selling price is

Given, cost price of bicycle is 1800 and at 12% profit the bicycle is sold


Need to find out the selling price


⇒ We know that Profit% = 100


⇒ 12 =


⇒ Profit = 12 × 18


= 216


∴ SP = CP + Profit = 1800 + 216 = 2016


⇒ the selling price is 2016


⇒ Option A is incorrect as 1584 ≠ 2016


⇒ Option B is correct as 2016 = 2016


⇒ Option C is incorrect as 1788 ≠ 2016


⇒ Option D is incorrect as 1812 ≠ 2016


Hence, option B is the correct one.

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