Question

Mr.Sharma bought a scooter and sold it at 5% gain. If he sold it at Rs.26,250,what was the cost price of scooter?​

Answer 1

Step-by-step explanation:

Profit on the 1

st

scooter =

100

8

× Rs. 6250= Rs. 500

Profit on both the scooters =

100

2

× Rs. 10000= Rs. 200

∴ the man has a loss of Rs. 300 on the second scooter.

∴ Loss % =

3750

300

×100=8%