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Question

Rajesh bought a scooter for Rs.21,000. he sold it to Umesh at a loss of 5%. umesh spent Rs.2450 on the repairs and sold the scooter to Praveen at the profit of 8%. How mush did Praveen pay for the scooter?

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Solution

C.P. for rajesh=21000 Rs.

S.P. for rajesh=21000loss
=210005100×21000
=19,950Rs.

Total CP for umesh = C.P + repairing cost
=19,950+2450
=22400. Rs.

S.P for umesh=22400+profit
=22400+8100×22400
S.P. =24192 Rs.

24192 will be the C.P. for Praveen hence he paid 24192 Rs. for the scooter.

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