Question

Pankaj sells a scooter for Rs60000. He loses 20% in the bargain. What was the price at which he bought it? ​

Answer 1

Step by step Answer :-

Information given in Question ❓❓

Sp (selling price) = Rs. 60,000

Loss % = 20 %

Cp (celling price) = ?

Answer :-

Cp = (sp X 100) / ( 100 - loss%)

Cp = (60,000 X 100) / ( 100 - 20%)

Cp = 6,000,000 / 80

Cp = 75,000

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