Advertisements
Advertisements
Question
A person wanted to sell a scooter at a loss of 25%. But at the last moment he changed his mind and sold the scooter at a loss of 20%. If the difference in the two SP’s is ₹ 4000, then find the CP of the scooter.
Solution
Let the cost price of the scooter be ₹ x
If he sells the scooter at a loss of 25%, then
SP = x – 25% of x = `x - 25/100x` = ₹ `75/100x`
and if he sells the scooter at a loss of 20%, then
SP = x – 20% of x = `x - 20/100x` = ₹ `80/100x`
It is given that the difference in the two SP's is ₹ 4000
∴ `80/100x - 75/100x` = 4000
⇒ `(80x - 75x)/100` = 4000
⇒ `(5x)/100` = 4000
⇒ x = `(4000 xx 100)/5` = ₹ 80000
Hence, cost price of scooter is ₹ 80000.
APPEARS IN
RELATED QUESTIONS
The cost of an article was Rs 15,500. Rs 450 were spent on its repairs. If it is sold for a profit of 15%, find the selling price of the article
Juhi sells a washing machine for ₹ 13,500. She loses 20% in the bargain. What was the price at which she bought it?
A shopkeeper allows 23% commision on his advertised price and still makes a profit of 10%. If he gains Rs 56 on one item, find his advertised price.
By selling a pair of earings at a discount of 25% on the marked price, a jeweller makes a profit of 16%. If the profit is Rs 48, what is the cost price? What is the marked price and the price at which the pair was eventually bought?
A shopkeeper bought a bicycle for Rs 3000 and sold the same for Rs 3400. How much was his profit?
From a wholesaler, Santosh bought 400 eggs for Rs 1500 and spent Rs 300 on transport. 50 eggs fell down and broke. He sold the rest at Rs 5 each. Did he make a profit or a loss? How much?
Meenu bought two fans for ₹ 1200 each. She sold one at a loss of 5% and the other at a profit of 10%. Find the selling price of each. Also, find out the total profit or loss.
5% sales tax is charged on an article marked Rs 200 after allowing a discount of 5%, then the amount payable is ______.
Sonal bought a bed sheet for ₹ 400 and sold it for ₹ 440. Her ______ % is ______.
By selling a chair for ₹ 1440, a shopkeeper loses 10%. At what price, did he buy it?
