Gaurav Sold His motorcycle to Vikas at a loss of 28% Vikas spend rupees 16
80 on its repair and sold the motorcycle to Abhimanyu for 35910 thereby making a profit of 12.5% find the cost price of the motorcycle for Gaurav
Answers
The cost price of the motorcycle for Gaurav = Rs. 42000
Given :
- Gaurav Sold His motorcycle to Vikas at a loss of 28%
- Vikas spend Rs. 1680 on its repair and sold the motorcycle to Abhimanyu for Rs. 35910 thereby making a profit of 12.5%
To find :
The cost price of the motorcycle for Gaurav
Solution :
Step 1 of 2 :
Form the equation to calculate cost price of the motorcycle for Gaurav
Let cost price of the motorcycle for Gaurav = Rs. 100x
Since Gaurav Sold his motorcycle to Vikas at a loss of 28% Vikas
∴ Gaurav Sold his motorcycle to Vikas at
= Rs. 100x - Rs. 28x
= Rs. 72x
Now Vikas spend Rs. 1680 on its repair
∴ Cost price of the motorcycle for Vikas
= Rs. (72x + 1680)
Vikas sold the motorcycle to Abhimanyu for Rs. 35910 thereby making a profit of 12.5%
So by the given condition
Step 2 of 2 :
Calculate cost price of the motorcycle for Gaurav
Hence cost price of the motorcycle for Gaurav
= Rs. 100x
= Rs. (100 × 420)
= Rs. 42000
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