Question

A man bought a car 60,000 rupees and spent 10 per cent of the cost of the car for the purchase of new tyres.At what price should he sell the car to make a gain of 15 per cent ?

Answer 1

C.P=60000
SPENT 10%ON 60000
C.P.= total spent money
=cost of Tyre +cost of car
=10/100×60000+60000
=66000
ATQ,
For gain percent we multiply 15 to total c.p
=66000×15/100
=9900
S.P.=C.P+Gain amount
=66000+9900
=75900
he must sell at 75900 for 15% gain