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Question

A mototrcycle was sold at 20% profit for Rs. 40,000. Its cost price is
  1. Rs.40000×80100
  2. Rs.40000×100120
  3. Rs.40000×120100
  4. Rs.40000×10080

A
Rs.40000×120100
B
Rs.40000×10080
C
Rs.40000×80100
D
Rs.40000×100120
Solution
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Selling Price = Rs 40,000
Profit =20%
Let the cost price = Rs x
Now SP=CP+Profit
SP=x+20 % of x
40000=x+20100×x
x=40000×100120
CP=40000×100120

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