Rahul bought a car for Rs. 4.50.000. Next year, new version of car will be launched which is 1.5 times costlier than the make Rahul has. Company offers to buy back the older version at 19/20 of its original price. How much more does Rahul have to pay now?
Answers
Given:
Rahul bought a car for Rs. 4.50.000. Next year, a new version of the car will be launched which is 1.5 times costlier than the make Rahul has. The company offers to buy back the older version at 19/20 of its original price. How much more does Rahul have to pay now?
To find:
How much more does Rahul have to pay now?
Solution:
The price of the car Rahul had bought = Rs. 450000
It is given that,
The price of the new version of the car = 1.5 × [Price of the older version of the car Rahul had bought]
∴ The price of the new version of the car is,
= 1.5 × 450000
= Rs. 6,75,000
The company offers to buy back the older version at 19/20 of its original price
∴ The price of the older version offered by the company is,
=
=
= Rs. 4,27,500
Therefore,
The difference between the offered price and the price of the new version is,
= Rs. 675000 - Rs. 4,27,500
= Rs. 2,47,500
Thus, Rahul has to pay Rs. 2,47,500 more.
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Rahul purchased a car for Rs 3,00,000. He sold the car after one year for Rs 2,50,000. Calculate the profit and loss in percentage?
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A new car, valued at $28,000, depreciates at 9% per year. What is the value of the car one year after purchase?
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Answer:247500
Step-by-step explanation: