Question

A lawnmower was purchased at rupees 1100 and rupees 50 were paid as transportation charges. It was sold at 14% profit. Find its selling price

Answer 1

Rs 1311

Explanation:

1100 + 50 = 1150

1150 * 114%

NB : since the profit is 14% means it is 14% hence 114% = 100% + 14% meaning the 100% original amount + the 14% profit

= Rs 1311