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Rajesh sold his scooter to Rahim at 8% l...

Rajesh sold his scooter to Rahim at 8% loss and Rahim, in turn, sold the same scooter to Prem at 5% gain. If Prem paid Rs 14,490 for the scooter, find :
the S.P. and the C.P. of the scooter for Rajesh.

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To solve the problem step by step, we will find the selling price (SP) and cost price (CP) of the scooter for Rajesh. ### Step 1: Understand the relationships between the prices - Rajesh sold the scooter to Rahim at an 8% loss. - Rahim sold the scooter to Prem at a 5% gain. - Prem paid Rs 14,490 for the scooter. ### Step 2: Find the cost price for Rahim (CP2) Let’s denote: - CP2 = Cost Price for Rahim - SP2 = Selling Price for Rahim (which is equal to the price Prem paid) From the problem, we know: - SP2 = Rs 14,490 - Rahim sold the scooter at a 5% gain. Using the formula for selling price: \[ SP2 = CP2 + \text{Gain} \] \[ \text{Gain} = 5\% \text{ of } CP2 = 0.05 \times CP2 \] Thus, we can write: \[ SP2 = CP2 + 0.05 \times CP2 \] \[ SP2 = CP2 \times (1 + 0.05) \] \[ SP2 = CP2 \times 1.05 \] Now substituting the value of SP2: \[ 14,490 = CP2 \times 1.05 \] To find CP2, we rearrange the equation: \[ CP2 = \frac{14,490}{1.05} \] Calculating CP2: \[ CP2 = \frac{14,490}{1.05} = 13,800 \] ### Step 3: Find the selling price for Rajesh (SP1) Since SP1 (selling price for Rajesh) is equal to CP2 (cost price for Rahim): \[ SP1 = CP2 = 13,800 \] ### Step 4: Find the cost price for Rajesh (CP1) Rajesh sold the scooter at an 8% loss. We can express this as: \[ SP1 = CP1 - \text{Loss} \] \[ \text{Loss} = 8\% \text{ of } CP1 = 0.08 \times CP1 \] Thus, we can write: \[ SP1 = CP1 - 0.08 \times CP1 \] \[ SP1 = CP1 \times (1 - 0.08) \] \[ SP1 = CP1 \times 0.92 \] Now substituting the value of SP1: \[ 13,800 = CP1 \times 0.92 \] To find CP1, we rearrange the equation: \[ CP1 = \frac{13,800}{0.92} \] Calculating CP1: \[ CP1 = \frac{13,800}{0.92} = 15,000 \] ### Final Answers - Selling Price for Rajesh (SP1) = Rs 13,800 - Cost Price for Rajesh (CP1) = Rs 15,000
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ICSE-PROFIT, LOSS AND DISCOUNT -EXERCISE 8 (B)
  1. Find the selling price, if : C.P. = Rs 950 and profit = 8%

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  2. Find the selling price, if : C.P. = Rs 1,300 and loss = 13%

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  3. Find the cost price, if : S.P. = Rs 1,680 and profit = 12%

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  4. Find the cost price, if : S.P. = Rs 1,128 and loss = 6%

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  5. By selling an article for Rs 900, a man gains 20%. Find his cost price...

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  6. By selling an article for Rs 704, a person loses 12%. Find his cost pr...

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  7. Find the selling price, if : C.P. = Rs 352, overheads = 28 and profi...

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  8. Find the selling price, if : C.P. = 576, overheads = Rs 44 and loss=...

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  9. If John sells his bicycle for Rs 637, he will suffer a loss of 9%. For...

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  10. A man sells a radio-set for Rs 605 and gains 10%. At what price should...

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  11. By selling a sofa-set for Rs 2,500, the shopkeeper loses 20%. Find his...

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  12. Mr. Sinha sold two tape-recorders for Rs 990 each, gaining 10% on one ...

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  13. A tape-recorder is sold for 2,760 at a gain of 15% and a C.D. player i...

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  14. A tape-recorder is sold for 2,760 at a gain of 15% and a C.D. player i...

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  15. A tape-recorder is sold for 2,760 at a gain of 15% and a C.D. player i...

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  16. A tape-recorder is sold for 2,760 at a gain of 15% and a C.D. player i...

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  17. A tape-recorder is sold for 2,760 at a gain of 15% and a C.D. player i...

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  18. Rajesh sold his scooter to Rahim at 8% loss and Rahim, in turn, sold t...

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  19. Rajesh sold his scooter to Rahim at 8% loss and Rahim, in turn, sold t...

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  20. John sold an article to Peter at 20% profit and Peter sold it to Mohan...

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