Question

Anand sold his car to rupeesh at 20% profit but incurred a net loss of 10% because of extra expenses. What percent of the total cost was spent on extra expenses?

Answer 1

no i don't know this is a very very difficult question

Answer 2

He spent 25% of total cost.

Step-by-step explanation:

Consider the provided information.

Let the cost price of the car is 100 rupees .

He sold for 20%. That means the selling price is:

100+20% of 100=120

The selling price of car is 120 rupees.

But incurred a net loss of 10% because of extra expenses.

Let after spending of extra expenses the cost price becomes x.

Therefore, according to question.

x - 10% of x = 120

$x-0.1x=120$

$0.9x=120$

$x=\frac{120}{0.9}$

$x\approx133.3333..$

The original cost price was 100 and he spend some money and the total cost price becomes 133.333

That means he spend 33.33 on extra expenses.

Total cost is 133.33

$\%=\frac{33.333}{133.333}\times100\\\%\approx25$

Therefore, he spent 25% of total cost.

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