sharad bought an old car for 75000 and spent 10000 on its repairs he sold this car to Abdul at a gain of 15% who later sold it to Nitin at a gain of 12 1/2 how much did Nitin gave for the car
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Step-by-step explanation:
CP = Purchase Price + Cost of Repair
⇒CP = 75000 + 10000 = Rs. 85000
⇒Gain for A 15%
⇒SP of abdul = CP of nitin = 85000 ( 1+15/100)
= 85000 * 115/100
= Rs. 97750
⇒Gain for nitin = 12 1/2%
⇒SP of nitin = CP for nitin = 97750(1+6/100)
= 97750×106/100
= Rs 103615
∴ nitin has to Pay Rs. 103615/- for the car Ans
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