Question

Raman sold a car to rajath at a loss of 14.28%,rajath sold it to vinit at a profit of 66.66%,if rajath purchased the car at Rs 1400,then at what price raman bought that car?

Answer 1

Answer:

Raman bought the car for Rs.1633

Step-by-step explanation:

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

Loss incured by Raman = 14.28%

CP of car bought by Raman = ?

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

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

0.1428 x = x -1400

1400 = 0.8572 x

x = 1400/0.8572 = 1633.22 ≈ 1633

∴ Raman bought the car for Rs.1633