Question

A man Sold His Scooter for rupees 8000 and lost 20% for what amount should sell it to gain 20%

Answer 1

Answer:

12,000

Step-by-step explanation:

Selling price = 8000

Loss % = 20

let cost price = x

loss = 20x/100 = x/5

Selling price = Cost price - Loss = 8000

x - x/5 = 8000

4x/5 = 8000

4x = 40000

x = 10000

Cost price = 10,000

profit % = 20

Profit = 20× 10000/100

Profit = 2000

New selling price = cost price + profit

= 10000 + 2000 = 12,000

Answer 2

Answer:

Given:

Selling Price (SP) = Rs. 8000

First deal - Loss = 20% of CP

Second deal - Gain = 20% of CP

Step_1. to find CP

Since CP - Loss = SP

CP - (20/100) CP = 8000 => CP - CP/5 = 8000

==> (5CP - CP)/5 = 8000 ==> 4CP = 5 x 8000

==> CP = (5x8000)/4 ==> CP = 5 x 2000 = 10000 Thus CP = Rs. 10,000

Step_2:

Gain = 20% of 10,000 = (20/100) x 10,000 = 20 x 100  = 2000

Stepo_3:

CP+Gain = SP ==> 10,000 + 2000 = 12,000

In order to gain 20% the article must be sold for Rs. 12,000

Step-by-step explanation: