Rajesh sold his scooter to Rahim at 8% loss and Rahim, in turn, sold the same scooter to Prem at 5% gain. If Prem paid 14,490 for the scooter; find :
(i) the S.P. and the C.P. of the scooter for Rahim.
(ii) the S.P. and the C.P. of the scooter for Rajesh.
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Answer:
Given :
Raj sold his scooter to rahim at 8% loss and Rahim in turn sold the same scooter to prem at 5% gain. If prem paid 14490 for the scooter.
Find :
(a) The S.P and C.P of the scooter for Rahim.
(a) The S.P and C.P of the scooter for Rahim.(b) The S.P and C.P of the scooter for Raj.
Using formula:
C.P = 100/(100 + Profit%) S.P
Calculation :
= 100/(100 + 5) 14490
= 13800
Hence, 13800 would be the cost price of Rahim.
= 100/(100 - 8) 13800
= 15000
hence, 15000 would be the cost price
hence, 15000 would be the cost priceof Raj.
Therefore,
CP, SP of Rahim: 13800, 14900.
CP, SP of Raj: 15000, 13800.
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