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Ranjan bought a second hand scooter for Rs 6000 he spent Rs 300 on its repair and sold at to vineet at a profit of 10%. Vineet sold the scooter to Mukesh at a loss of 10%. At what price did Mukesh buy the scooter
Rs. 7267
Rs. 6550
Rs. 6837
Rs. 6237
(Ranjan) CP of the scooter = 6000
Overhead expenses = 300
Actual CP = 6300
Profit% = 10%
Profit = 10% of 6300
= 10/100*6300 = 630
SP = CP + Profit
= 6300 + 630 = 6930
(Vineet) CP of the scooter = 6930
Loss% = 10%
Loss = 10% of 6930
= 10/100*6930 = 693
SP = CP - Loss
= 6930 - 693 = 6237
Hence, option 4 is the correct answer.
By: Amit Kumar ProfileResourcesReport error
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