Question

By selling scooter a man incurs a loss of 6%. Had he sold it for ₹6000 more he have a gain of 6 % .Find the cost price of the scooter.

Answer 1

Answer:

₹50000

Step-by-step explanation:

let the cost price be x

Then when the scooter is sold at a loss of 6%, SP is

$x \times (1 - .6) = .94x$

also given that

$.94x + 6000 = x(1 + 0.06) = 1.06x$

$6000 = .12x$

$x = \frac{6000}{.12} = 50000$