Question

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?​

Answer 1

(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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