Question

A second hand bike was sold for $\text{Rs.}66000,$ at a loss of $\text{Rs.}5000.$ Find the $C.P.$ of the bike.

• A. Rs.70000
• B. Rs.69000
• C. Rs.71000
• D. Rs.72000

Answer 1

The correct option is C Rs.71000

Here, the selling price$(S.P.)$ of the bike is $\text{Rs.}66000$

It is sold at a loss of $\text{Rs.}5000$

Since, loss $=C.P.-S.P.$
$\Rightarrow 5000=C.P.-66000$
$\Rightarrow C.P=5000+66000$
Therefore, $C.P.$ of the bike $=\text{Rs.}71000$