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Question

Rajesh purchased a scooter for Rs.15000. He sold the scooter to Gopal at 5% profit. Gopal sold the scooter to Mohan at a loss of 5%. Find the amount paid by Mohan to purchase the scooter.

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Solution

C.P of scooter to Rajesh =15000
He sold it to Gopal on 5% profit
S.P=15000+5100×15000=15750
C.P of scooter to Gopal = Salling price =15750
Gopal sold Scooter at 5% loss
S.P=157505100×15750=15750787.50=14962.50
Gopal sold Scooter to Mohan on 14962.50.
It means Mohan paid Rs.14962.50

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