Raavi sold her scooty to Vineeta at a loss of 28%. Vineeta spent Rs 1680 on its polishing and sold the scooty to Rahila for Rs 35910, thereby making a profit of 12.5%, find the cost price of the scooty for Raavi.
Answers
★ Given:-
▪︎Loss% made by Ravi on scooty = 28%
▪︎Money spent by Vineeta on scooty = Rs.1680
▪︎S.P. of scooty which is sold by Vineeta = Rs.35910
▪︎Profit % made by Vineeta = 12.5 %
★ To Find:-
▪︎Cost price of scooty for Raavi
★ Formula Used:-
▪︎S.P. when Loss% is given
= [ (100 - Loss%) ÷ 100] × C.P.
▪︎S.P. when Profit % is given
= [ (100 + Profit%) ÷ 100] × C.P.
Here,
- S.P. = Selling Price
- C.P. = Cost Price
★ Solution:-
➥ Let the C.P. of scooty for Raavi be Rs.x
➥ S.P. of scooty for raavi
= [ (100 - Loss%) ÷ 100] × C.P.
= [ (100 - 28) ÷ 100 ] × x
= [ 72 ÷ 100 ] × x
= 0.72 × x
= Rs.0.72x
➥ Total C.P. of scooty for Vineeta
= S.P. for Raavi + Money spent
= 0.72x + 1680
➥ According to given conditions;
S.P. of scooty for Vineeta = Rs. 35910
➟ [ (100 + Profit %) ÷ 100] × C.P. = Rs. 35910
➟ [ (100 + 12.5%) ÷ 100 ] × (0.72x+1680) = Rs. 35910
➟ [112.5 ÷ 100] × (0.72x + 1680) = 35910
➟ 1.125 × (0.72x + 1680) = 35910
➟ 0.81x + 1890= 35910
➟ 0.81x = 35910 - 1890
➟ x = 34020 - 0.81
➟ x = 42,000
∴ x = C.P. of scooty for Raavi = Rs.42000
★ Answer:-
▪︎C.P. of scooty for Raavi is Rs. 42000.
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- Loss% by Ravi on scooty = 28%
- Money spent by Vineeta on scooty = Rs.1680
- S.P. of scooty which is sold by Vineeta = Rs.35910
- Profit % by Vineeta = 12.5 %
- Cost price of scooty for Raavi
Formulas we will use here:-
- S.P. when Loss% is given
- S.P. when Profit % is given
- Let the C.P. of scooty for Raavi be Rs.x
S.P. of scooty for raavi
= [ (100 - Loss%) ÷ 100] × C.P.
= [ (100 - 28) ÷ 100 ] × x
= [ 72 ÷ 100 ] × x
= 0.72 × x
= Rs.0.72x
- Total C.P. of scooty for Vineeta
= S.P. for Raavi + Money spent
= 0.72x + 1680
According to Question:-
S.P. of scooty for Vineeta = Rs. 35910
⇒ [112.5 ÷ 100] × (0.72x + 1680) = 35910
⇒ 1.125 × (0.72x + 1680) = 35910
⇒ 0.81x + 1890= 35910
⇒ 0.81x = 35910 - 1890
⇒ x = 34020 - 0.81
⇒ x = 42,000
- C.P. of scooty for Raavi is Rs. 42000.