Question

Ron bought a cycle for ₹8000 and sold it to Jack at a loss of 10%. Jack spent ₹600 for painting the cycle and then sold the cycle to Sam at a profit of 20%. At what price did Ron sell the cycle to Jack?

Answer 1

cp : 8000

sp : x

loss : 10 %

loss : 8000 × 10/100 : 800

cp : 8000

sp : 8000-800

: 7200

Answer 2

Answer:

₹7200

Step-by-step explanation:

Given,

Ron bought a cycle for ₹8000, which he sold to Jack at a lost of 20%.

To find,

Selling Price (S.P.) of the cycle at which Ron sold.

Formula:

$S P.= \frac{100 - loss\%}{100} \times C.P.$

$S.P. = \frac{100 - 10}{100} \times 8000$

$\frac{90}{100} \times 8000$

$\frac{90 \times 8000}{100} = \frac{720000}{100}$

$\frac{720000}{100} = 7200$

$\therefore \: Ron \: sold \: the \: cycle \: at \: ₹7200 \: to \: Jack$