Ranjan bought a second hand scooter for Rs 6000 he spent Rs 300 on its repair and sold at 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
Answers
Answer:
Step-by-step explanation:
(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
Answer:
Mukesh Bought Scooter at RS.6237
Step-by-step explanation:
C.P of Scooter bought by Ranjan = Rs.6000
Money spent on Repairing = Rs.300
Actual C.P = 6000+300
= R.s. 6300
Profit on Selling = 10 %
S.P (C.P of Vineet)= (100+Gain%)/100*C.P.
= (100+10)100*6300
= 110/100*6300
= Rs.6930
C.P of Scooter bought by Vineet = Rs.6930
Loss = 10%
S,P.(C.P. Of Mukesh) = (100-Loss%)/100*C.P.
= (100-10)/100*6930
= 90/100*6930
= Rs.6237
So, Mukesh bought the Scooter at RS.6237
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