Aditya Manav purchased one scooter each for the same price. aditya sold it for ₹18400 and lost 8%. at what price should Manav sell it to have a profit of 6%?
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Answer:
Loss% =8 %
Then C.P. =
100−loss percentage
S.P.×100
=
100−8
100×18400
=Rs.20000
Now we know C.P.=Rs.20000
And Manav sold it at profit of 6%
Hence,Profit =
100
profit percentage×C.P.
=
100
6×20000
=
100
120000
=Rs.1200
Therefore S.P. or the price at which Manav sold it =20000+1200=Rs.21200
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