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Cost Price of two motorcycles is same. One is sold at a profit of 15% and the other for Rs. 4800 more than the first. If the net profit is 20%. Find the cost price of each motorcycle :
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- Rs. 48000
- Rs. 52000
- Rs. 36000
- Rs. 42500
Correct Option: A
Let the CP of each motorcycle be Rs.N then
(2 x 1.15 x N) + 4800 = 2 x 1.2 x N
⇒ 0.1 x N = 4800
∴ N = 48000
