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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 Rs4,000, then find the CP of the scooter.

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Solution

Let the cost price be 100x
Loss= 25%
SP= 25/100x * 100 =25x.
Loss=20%.
SP=20/100z *100=20x.
So,
25x-20x= 4000.
=>5x=4000.
=>x=4000/5.
=>x=800.
So 100x= 100×800=80000Rs.
So cost price is 80,000Rs.

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