Question

Ranjan bought a second hand Scooter for RS 6,000 spend rupees 300 on its repairs and sold it to breathe at a profit of 10% vineet sold the scooter to Mukesh at a loss of 10% at what price did Mukesh by the scooter​

Answer 1

(Ranjan) CP of the scooter = ₹6000

Overhead expenses = ₹300

Actual CP = ₹6300

Profit% = 10%

Profit = 10% of ₹6300

= 10/100*6300

= ₹630

SP = CP + Profit

= ₹6300 + ₹630

= ₹6930

(Vineet) CP of the scooter = ₹6930

Loss% = 10%

Loss = 10% of ₹6930

= 10/100*6930

= ₹ 693

SP = CP - Loss

= ₹6930 - ₹693

= ₹6237

Mukesh buy the scooter at ₹6237