Question

A car was sold at a loss of l8%. There would have been a profit of 15%, if the car had been sold for Rs 99000 more. At what price the car should be sold to make a profit of 10%?

Answer 1

The car should be sold 1 crore to make a profit of 10 %

Answer 2

18% loss =82% of total price

15%profit =115%of total price

115%of total price-82%of total price

=33%of total price

let the total price=x

33x/100= 99000

x=99000*100/33

x=300000

10% profit= 110% of total price

300000*110/100

330000