Question

30. Arun sells a car to his friend Amit at 10% loss. If Amit sells the car for 54,000 and gains 20%,
then find the cost price of the car,​

Answer 1

Answer:

The answer is 49500.

Step-by-step explanation:

1. First we need to find the price Arun bought the car for:
2. $\frac{120}{100} \times x = 54000 \\ x = 45000$
3. Now we need to find the price Amit bought it for by doing this:
4. $\frac{110}{100} \times 45000 = 49500$
5. Thus, the cost price is 49500.