Mr. Sunil Sold his scooter at a loss of 10%. If he
had sold it for Rs 1,200 more, he would have
gained 2% Find CP of the scooter
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Given:
Mr. Sunil Sold his scooter at a loss of 10%.
To find:
CP of the scooter
Solution:
We have given the condition as:
If he had sold it for Rs 1,200 more, he would have gained 2%
In that case:
Let the CP of the scooter is 100 units
Case 1:
If there is a loss of 10% so, the loss on the scooter will be 10 units.
Then,
The SP of the scooter will be:
- CP - loss
- 100 - 10
- 90 units
Case 2:
If there is a gain of 2% so, the gain on the scooter will be 2 units.
Then,
The SP of the scooter will be:
- CP + Profit
- 100 + 2
- 102 units
As per the given condition of the question:
- ₹1200 = 102 - 90 units
- ₹1200 = 12 units
- 1 unit = ₹120
So, the CP of the scooter will be
100×₹120
₹12000
CP of the scooter is ₹1200
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