Ranjan bought a second hand scooter for 6,000. He spent 300 on its repairs and
sold it to Vineet at a profit of 10%. Vineet sold the scooter to Mukesh at a loss of 10%.
At what price did Mukesh buy the scooter?
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Price at which ranjan bought the scooter = 6000
Price of repair = 300
Money ranjan used =6000+300=6300
Rate of profit = 10%
10% of 6300 = 10/100×6300
= 630
Cost = 6300+630= 6930rs
Rate of loss to vineet = 10 %
10% of 6930 = 10/100×6930
= 693
Cost = 6930-693=6237rs
Therefore Mukesh bought scooter at 6237rs
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