Rajesh sold his car to yaima at a loss of 20℅. yaima spent Rs 8400 on repairs and sold the car to Gopen for Rs 70020 making profit of 12 1/2. how much did Rajesh pay for the car?
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Sol: Let CP of A = Rs x SP of A = (72/100) x = 0.72 x [There is a loss of 28%] CP of B including the cost of repairs = (0.72x + 1680) SP of B = Rs 35910 Profit Percentage = 12.5% [(35910) - (0.72x + 1680)] x 100 / (0.72x + 1680) = 12.5 ⇒ (3423 - 0.72x) / (0.72x + 1680) = (125 / 100) ⇒ 3423000 - 72x = 9x + 21000 ⇒ 3423000 - 21000 = 9x + 72x ⇒ 3402000 = 81x ⇒ x = 42000 Therefore, cost price of A is Rs 42,000.
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