karan spent Rs.10000 on an old motor cycle. he had to get it repaired so that all the parts work well and it looks better so he spent Rs.2500 more for the repairs. then he sold it for 20% profit? a) For karan is rs.10000 id CP? If not what will be the CP b) What would be the value of overhead expenses in this case? c) Will SP be more or Less CP in this case? d) Is the profit 20% of CP or SP e ) At what price did karan sell his motor cycle?
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Step-by-step explanation:
Step-by-step explanation:
(Ranjan) CP of the scooter = ₹6000
Overhead expenses = ₹300
Actual CP = ₹6300
Profit% = 10%
Profit = 10% of ₹6300
= 10/100*6300
= ₹630
SP = CP + Profit
= ₹6300 + ₹630
= ₹6930
(Vineet) CP of the scooter = ₹6930
Loss% = 10%
Loss = 10% of ₹6930
= 10/100*6930
= ₹ 693
SP = CP - Loss
= ₹6930 - ₹693
= ₹6237
Mukesh buy the scooter at ₹6237
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