Question

A mechanic sold a scooter for ₹9900 at the loss of 10% in order to gain 5% at what price should he sell it

Answer 1

Let the original price of
bike be x

Then as he sold it for a loss of 10% of original price

x-10%x=9900

x-(10/100)x=9900

x-(x/10)=9900

9x/10=9900

9x=99000

x=11000

So original value of Scotter = 11000

Inorder to gain 5% profit from original value

11000×5%
=11000×(5/100)
=110×5=550

So inorder to gain 5% profit he should sell the scooter for 11000+550

=11550