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Ranjan Bought a second hand scooter …

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Ranjan Bought a second hand scooter for rs=6,000.He spent rs=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
  • 1 answers

Sia ? 4 years, 5 months ago

(Ranjan) CP of the scooter = ₹6000

Overhead expenses = ₹300

Actual CP = ₹6300

Profit% = 10%

Profit = 10% of ₹6300

= 10/100*6300

= ₹630

SP = CP + Profit

= ₹6300 + ₹630

= ₹6930

(Vineet) CP of the scooter = ₹6930

Loss% = 10%

Loss = 10% of ₹6930

= 10/100*6930

= ₹ 693

SP = CP - Loss

= ₹6930 - ₹693

= ₹6237

Mukesh buy the scooter at ₹6237

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