ranjan bought a second hand scooter for rupees 6000 . he spent rupees 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 ?
ARSHDEEPRAMGARHIA:
the answer is 6300
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Answer:
The selling price is RS.6237.
Step-by-step explanation:
Given : Ranjan bought a second hand scooter for rupees 6000 . he spent rupees 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%.
To find : At what price did mukesh buy the scooter ?
Solution :
(Ranjan)
CP of the scooter = ₹6000
Overhead expenses = ₹300
Actual CP = ₹6300
Profit% = 10%
Profit = 10% of ₹6300
SP = CP + Profit
SP= ₹6300 + ₹630
SP= ₹6930
(Vineet)
CP of the scooter = ₹6930
Loss% = 10%
Loss = 10% of ₹6930
SP = CP - Loss
SP = ₹6930 - ₹693
SP = ₹6237
Therefore, The selling price is Rs.6237 mukesh buy the scooter.
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