Ranjan bought a second hand scooter for rupee 6000 .He spent rupee 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 buy the scooter?
Answers
Ranjan:
Cost Price of scooter = 6000
Spend on repair = 300
Overall Cost price = 6300.
Profit = 10%
Now,
Profit = 10% of 6300
= (10/100) * 6300
= 630
Then:
Selling price = Cost Price + Profit
= 6300 + 630
= 6930
Vineet:
Cost price of scooter = 6930
Loss = 10%
Loss = 10% of 6930
= (10/100) * 6930
= 693
Then:
Selling price = Cost Price - Loss
= 6930 - 693
= 6237
Therefore, Mukesh buy the scooter at 6237 rs.
Hope this helps!
Hello Dear ☺
✏Your answer is Here✏
Ranjan bought the scooter at
Price = 6000
repairs done = 300
C.P = 6300
10% of 6300 = 630
S.P of scooter = 6930
Therefore, vineet bought it at price = 6930
10% of 6930 = 693
Therefore, S.P of scooter = 6247
Mukesh bought the scooter at Rs.6947
♻♻Hope its helps you buddy..♻♻
Be Happy always Dear ☺