Home
Class 14
MATHS
A man sells a scooter to his friend at 1...

A man sells a scooter to his friend at 10% loss. If the friend sells it for Rs. 54000 and gains 20%. Find the original cost price of the scooter.

Text Solution

AI Generated Solution

The correct Answer is:
To find the original cost price of the scooter, we can follow these steps: ### Step 1: Understand the Selling Price of the Friend The friend sells the scooter for Rs. 54,000 and gains 20%. This means that Rs. 54,000 is 120% of the price at which the friend bought the scooter. ### Step 2: Calculate the Cost Price for the Friend Let the cost price of the scooter for the friend be \( CP_f \). Since he sells it at a gain of 20%, we can express this as: \[ CP_f \times \frac{120}{100} = 54000 \] This simplifies to: \[ CP_f \times 1.2 = 54000 \] To find \( CP_f \), we can rearrange the equation: \[ CP_f = \frac{54000}{1.2} \] ### Step 3: Perform the Calculation Now, we calculate \( CP_f \): \[ CP_f = \frac{54000}{1.2} = 45000 \] So, the cost price for the friend is Rs. 45,000. ### Step 4: Calculate the Original Cost Price of the Scooter The man sells the scooter to his friend at a 10% loss. This means that the selling price for the man is 90% of the original cost price \( CP_m \). We can express this as: \[ CP_m \times \frac{90}{100} = CP_f \] Substituting the value of \( CP_f \): \[ CP_m \times 0.9 = 45000 \] To find \( CP_m \), we rearrange the equation: \[ CP_m = \frac{45000}{0.9} \] ### Step 5: Perform the Calculation Now, we calculate \( CP_m \): \[ CP_m = \frac{45000}{0.9} = 50000 \] Thus, the original cost price of the scooter is Rs. 50,000. ### Final Answer The original cost price of the scooter is Rs. 50,000. ---
Promotional Banner

Topper's Solved these Questions

  • PROFIT & LOSS

    ADVANCED MATHS BY ABHINAY MATHS ENGLISH|Exercise Questions|200 Videos
  • PIPE & CISTERN

    ADVANCED MATHS BY ABHINAY MATHS ENGLISH|Exercise QUESTIONS|40 Videos
  • QUADRILATERAL

    ADVANCED MATHS BY ABHINAY MATHS ENGLISH|Exercise EXERCISE|48 Videos

Similar Questions

Explore conceptually related problems

A man sells a car to his friend at 10% loss. If the friend sells it for 54.000 and gains 20%, the original cost price of the car was

By selling a table for Rs. 330, a trader gains 10%. Find the cost price of the table.

By selling a television for Rs. 6600, a trader gains 10%. Find the cost price of the television for the trader.

A man sell his type writer at 5% loss. If he sells it for Rs. 80 more, he gains 5%. The cost price of the typewriter is

On selling a chair for ₹720, a man gains 20%. The cost price of the chair is

A man sells his typewriter at 5% loss. If he sells it for Rs. 80 more, he will gain 5%. The cost price of the typewriter is

ADVANCED MATHS BY ABHINAY MATHS ENGLISH-PROFIT & LOSS-Questions
  1. A man sells a scooter to his friend at 10% loss. If the friend sells i...

    Text Solution

    |

  2. On selling an article for Rs. 1470 a man gets profit of 22.5%. Find th...

    Text Solution

    |

  3. On selling an article for Rs. 155 a man bears loss of 16(2)/(3)%. Find...

    Text Solution

    |

  4. In selling an article for Rs. 76, there is a profit of 52%. If it is s...

    Text Solution

    |

  5. If books bought at price from Rs. 150 to Rs. 300 are sold at prices ra...

    Text Solution

    |

  6. Loss incurred by selling an article for Rs 600 is equal to profit gain...

    Text Solution

    |

  7. Loss incurred by selling an article for Rs 550 is equal to half of the...

    Text Solution

    |

  8. The profit earned when an article is sold for Rs. 800 is 20 times the ...

    Text Solution

    |

  9. Loss incurred by selling an article for Rs 800 is 23% more than profit...

    Text Solution

    |

  10. Ratio of Loss incurred by selling an article for Rs 820 and profit gai...

    Text Solution

    |

  11. The ratio of cost price and selling price is 5 : 4, the loss percent i...

    Text Solution

    |

  12. The selling price of an article is 8/5 th of its cost price. Then the ...

    Text Solution

    |

  13. Selling price of 25 articles is equal to cost price of 20 articles. Fi...

    Text Solution

    |

  14. If the cost price of 25 articles is equal to the selling price of 35 a...

    Text Solution

    |

  15. If the total cost of 73 articles having equal cost is Rs 5, 110 and th...

    Text Solution

    |

  16. On selling 23 articles a person gains profit equal to selling price of...

    Text Solution

    |

  17. On selling 25 articles a person incurred loss equal to cost price of 5...

    Text Solution

    |

  18. On selling 17 articles for Rs 720 a person incurred loss equal to cost...

    Text Solution

    |

  19. Cost price of 19 articles is Rs 625. By selling these articles A perso...

    Text Solution

    |

  20. The cost price of 16 apples is equal to the selling price of 10 apples...

    Text Solution

    |

  21. A person bought some articles at rate of 11 for Rs 10 and sold them at...

    Text Solution

    |