SOLUTION: If a motor cycle is sold for Rs.50000 the profit is 17 percent,what would be profit percentage if sold for Rs.47000.

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Question 1112212: If a motor cycle is sold for Rs.50000 the profit is 17 percent,what would be profit percentage if sold for Rs.47000.
Found 2 solutions by addingup, ikleyn:
Answer by addingup(3677)   (Show Source): You can put this solution on YOUR website!
50000 x 0.17 = Rs. profit
(Rs. profit/47000) x 100 = profit percent if sold for 47000
Answer by ikleyn(52784)   (Show Source): You can put this solution on YOUR website!
.
If a motorcycle is sold for Rs 50000 at the profit of 17%, it means that some-when earlier it was bought for 


 =  =  Rs 42735.04.


So, if it sold for Rs 47000,  the profit would be  


 = 1.0998 - 1 = 0.0998 = 9.98%.

Solved.

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    - Percentage word problems (Type 2 problems, Finding the Rate)
    - Percentage word problems (Type 3 problems, Finding the Base)
    - More complicated percentage problems
    - Problems on percentage that lead to unexpected results
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