Question

A used two-wheeler dealer sells a scooter for Rs 46,000 and makes some loss. If he had sold it for Rs 58,000 his profit would have been double his loss. What was the cost price (in Rs) of the scooter?

A) 52000 B) 54000 C) 48000 D) 50000

Answer 1

Answer:

$D) 50000$

Answer 2

Answer:

cp = 46000 + x

co = 58000 + 2x

46000+x = 58000-2x

3x = 12000

x = 4000

cp = 46000 + 4000

cp = 5000