Vikram bought a motorbike for $R s .27500$ and spent $R s .1500$ for repairs, If he sold it and lost $5 %$ in the deal, find the selling price of the motorbike.

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Solution

Total cost price of bike $= 27500 + 1500 = R s . 42500$

As he holds it for $5 %$ loss.

Therefore,
Selling price of bike $= 42500 - \frac{5}{100} \times 42500$

$= 42500 - 2125$

$= R s . 40375$

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Vikram bought a motorbike for Rs.27500 and spent Rs.1500 for repairs, If he sold it and lost 5% in the deal, find the selling price of the motorbike.

Total cost price of bike =27500+1500=Rs.42500As he holds it for 5% loss.Therefore,Selling price of bike =42500−5100×42500=42500−2125=Rs.40375

Vikram bought a motorbike for $R s .27500$ and spent $R s .1500$ for repairs, If he sold it and lost $5 %$ in the deal, find the selling price of the motorbike.

Total cost price of bike $= 27500 + 1500 = R s . 42500$

As he holds it for $5 %$ loss.

Therefore,
Selling price of bike $= 42500 - \frac{5}{100} \times 42500$

$= 42500 - 2125$

$= R s . 40375$