Home
Class 7
MATHS
Arun sells a car to his friend Amit at 1...

Arun sells a car to his friend Amit at `10%` loss. If Amit sells the car for 54000 and gains `20%` then the original cost price of the car was

A

Rs. 25000

B

Rs. 37500

C

Rs. 50000

D

Rs. 60000

Text Solution

AI Generated Solution

The correct Answer is:
To find the original cost price of the car that Arun sold to Amit, we can break the problem down into two parts: first, we will determine Amit's cost price based on his selling price and profit, and then we will find Arun's original cost price based on the loss he incurred. ### Step-by-Step Solution: 1. **Determine Amit's Cost Price:** - Amit sells the car for ₹54,000 and makes a profit of 20%. - Let Amit's cost price be \( CP_A \). - Since he makes a 20% profit, we can express this as: \[ Selling Price = Cost Price + Profit \] \[ 54000 = CP_A + 0.20 \times CP_A \] - This can be rewritten as: \[ 54000 = 1.20 \times CP_A \] - To find \( CP_A \), we divide both sides by 1.20: \[ CP_A = \frac{54000}{1.20} \] - Calculating this gives: \[ CP_A = 45000 \] 2. **Determine Arun's Original Cost Price:** - Arun sells the car to Amit at a loss of 10%. - Let Arun's original cost price be \( CP_R \). - Since he sells at a loss of 10%, we can express this as: \[ Selling Price = Cost Price - Loss \] \[ 45000 = CP_R - 0.10 \times CP_R \] - This can be rewritten as: \[ 45000 = 0.90 \times CP_R \] - To find \( CP_R \), we divide both sides by 0.90: \[ CP_R = \frac{45000}{0.90} \] - Calculating this gives: \[ CP_R = 50000 \] ### Conclusion: The original cost price of the car was **₹50,000**.
Promotional Banner

Topper's Solved these Questions

  • IMO MODEL TEST PAPER 2

    SCIENCE OLYMPIAD FOUNDATION |Exercise Achievers Section |5 Videos
  • IMO MODEL TEST PAPER 2

    SCIENCE OLYMPIAD FOUNDATION |Exercise Achievers Section |5 Videos
  • IMO MODEL TEST PAPER - 1

    SCIENCE OLYMPIAD FOUNDATION |Exercise Achievers Section|5 Videos
  • IMO QOESTION PAPER 2017-18 SET-B

    SCIENCE OLYMPIAD FOUNDATION |Exercise EVERYDAY MATHEMATICS |10 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

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.

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

A sells a car to B at 10% loss. If B sells it for rs 5,40,000 and gains 20%, the cost price of the car for A was: A,B को एक कार 10% की हानि पर बेचता है | यदि B इसे 5,40,000 रुपये में बेच कर 20% लाभ कमाता है, तो A के लिए इस कार का क्रय मूल्य ज्ञात करें |

A man sold an article at a loss of 20% . If he sells the article for Rs 12 more, he would gained 10%. The cost price of the article is