Question

vikram bought motorbike for 27500 & spent 1500 for its repair.If he sold it & lost 5% in the deal , find the selling price of motorbike.PLEASE ANSWER THE QUESTION I'M WAITING

Answer 1

CP of the motorbike=27500
1500 was spent in it's repairs.
So, total CP of the bike=27500+1500=29000
Now let the CP of the bike be Rs 100
So, Loss of 5℅ means SP is =
100-(5/100×100)=95
So when CP is Rs 100, SP is 95
When CP is Re 1, SP is 95/100
When CP is Rs 29000, SP is 95/100×29000.
The answer come to Rs 27550.
I hope it helps. Sorry if I am wrong . It is the second time I am answering in Brainy.
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Answer 2

Here, CP= 27500+1500=29000

Now,loss=5% , SP=? , Loss=?

As we know, Loss%= Loss/CP* 100

So, 5= Loss/29000*100

Loss=1450

Now,SP=CP-Loss

SP=29000-1450

CP=27550

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