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Rohan bought a bike at 15% discount on M...

Rohan bought a bike at 15% discount on MRP. After 1 year Rohan sold the bike to Gopal at 10% loss. After 1 more year Gopal sold the bike at 15% profit to Sumit . If sumit paid Rs. 1,40,000 then find the M.R.P. of the bike ?

A

1,59,000

B

1,55,000

C

1,40,000

D

2,00,000

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The correct Answer is:
To find the M.R.P. of the bike, we will follow these steps: ### Step 1: Determine the price Rohan bought the bike for after the discount. Let the M.R.P. of the bike be \( x \). Rohan bought the bike at a 15% discount. Therefore, the price Rohan paid is: \[ \text{Price paid by Rohan} = x - 0.15x = 0.85x \] ### Step 2: Calculate the selling price when Rohan sold the bike to Gopal at a loss. Rohan sold the bike to Gopal at a 10% loss. The selling price can be calculated as: \[ \text{Selling price to Gopal} = \text{Price paid by Rohan} - 10\% \text{ of Price paid by Rohan} \] \[ = 0.85x - 0.10(0.85x) = 0.85x - 0.085x = 0.765x \] ### Step 3: Calculate the selling price when Gopal sold the bike to Sumit at a profit. Gopal sold the bike to Sumit at a 15% profit. The selling price can be calculated as: \[ \text{Selling price to Sumit} = \text{Selling price to Gopal} + 15\% \text{ of Selling price to Gopal} \] \[ = 0.765x + 0.15(0.765x) = 0.765x + 0.11475x = 0.87975x \] ### Step 4: Set the selling price to Sumit equal to Rs. 1,40,000. According to the problem, Sumit paid Rs. 1,40,000 for the bike: \[ 0.87975x = 140000 \] ### Step 5: Solve for the M.R.P. (x). To find \( x \), we rearrange the equation: \[ x = \frac{140000}{0.87975} \] Calculating this gives: \[ x \approx 159,000 \] ### Conclusion The M.R.P. of the bike is approximately Rs. 1,59,000. ---

To find the M.R.P. of the bike, we will follow these steps: ### Step 1: Determine the price Rohan bought the bike for after the discount. Let the M.R.P. of the bike be \( x \). Rohan bought the bike at a 15% discount. Therefore, the price Rohan paid is: \[ \text{Price paid by Rohan} = x - 0.15x = 0.85x ...
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