Question

riya sold her car for rs.50000 less than what she brought it for and lost 8%.at what price should she have sold the car, if she wanted to gain as mucj as she lost in the first transaction ​

Answer 1

Explanation:

selling price = purchase price - loss

92% = 100 - 8

so loss = 50,000/92×8 = 4347

purchase price = 54,347

Answer 2

Answer:

$675,000

Explanation:

For computing the gain while selling the car, we have to assume the things which is shown below:

Let the purchasing price be X

And, we know the selling price would be $50,000 less cost price

so, selling price = $50,000 - X

Also she lost 8% of the cost price

So, it would equal to

8% of cost price = $50,000

8% × X = $50,000

So, X would be = $50,000 ÷ 8% = $625,000

So, the gain amount would be equal to

= $625,000 + $50,000

= $675,000