A man bought a car for ₹60,000 and spent 10% of the cost of the car on purchase of new tyres. At what price should he sell the car to make a gain of 15%
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C.P = 60,000
Spent 10% of the cost to purchase new tyres
10% of cost = 10/100 * 60000 = 6000
Hence, total cost = 66,000 Rs.
Gain = 15%
S.P = C.P*(100+G)/100 = 66,000*115/100 = 75,900 Rs.
Hence he should sell the car for Rs. 75,900
Hope it helps.
Spent 10% of the cost to purchase new tyres
10% of cost = 10/100 * 60000 = 6000
Hence, total cost = 66,000 Rs.
Gain = 15%
S.P = C.P*(100+G)/100 = 66,000*115/100 = 75,900 Rs.
Hence he should sell the car for Rs. 75,900
Hope it helps.
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