Question

Aditya and Manav purchased one scooter for the same price. Aditya sold it 18400 lost 8% . At what price should Manav sell it have a profit of 6%.

Answer 1

Answer:

Explanation:

price of scooter= CP

CP =[100 / (100 – Loss %)] * SP

=(100/92)*18400

= 20,000

Required Profit % = 6%

Therefore, 6 = (profit/CP) *100

Profit = (6*20000)/100

=1200

Then SP for Manav = CP+Profit

=21200