Question

Raman sold a car at a loss of 14.28 % Rajath sold it to vinith at a profit of 66.66 % .if Rajat purchased the car at Rs 1400 ,Then at what price in Raman bought that car

Answer 1

14.28×1400/100
=199.92
raman bought it for=1400+199.92
=1599.92

Answer 2

CP of car bought by Rajath = SP of car sold by Raman = Rs. 1400

Loss incured by Raman = 14.28%

We know,

Loss % = [(CP-SP)/CP]*100

Therfore,

14.28 = [(x - 1400)/x]*100

or, 0.1428 x = x -1400

or, 1400 = 0.8572 x

or, x = 1400/0.8572 = 1633.22 ≈ 1633

Therefore, Raman bought the car for Rs. 1633.

Thus, Rs. 1,633 is the correct answer.