5, Ranjan bought a second hand scooter for 6,000. He spent 300 on its repairs and
sold it to Vineet at a profit of 10%. Vineet sold the scooter to Mukesh at a loss of 10%
At what price did Mukesh buy the scooter?
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(Ranjan) CP of the scooter = ₹6000
Overhead expenses = ₹300
Actual CP = ₹6300
Profit% = 10%
Profit = 10% of ₹6300
= 10/100*6300
= ₹630
SP = CP + Profit
= ₹6300 + ₹630
= ₹6930
(Vineet) CP of the scooter = ₹6930
Loss% = 10%
Loss = 10% of ₹6930
= 10/100*6930
= ₹ 693
SP = CP - Loss
= ₹6930 - ₹693
= ₹6237
Mukesh buy the scooter at ₹6237
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