A man bought a second – hand car for Rs 60,000 and spent 10% of the cost of the car to change its tyres. At what price should he sell the car to gain 15%.
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Answer:
Let x be the selling price of car.
Cost price of car =60000+
100
10
×60000=60000+6000=66000
According to the question-
x=66000+
100
15
×66000=66000+9900=75900
The car must be sell for Rs.75900 to gain 15%.
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