A man sells a car to his friend at 15% loss.

A man sells a car to his friend at 15% loss. If the friend sells it for Rs.54000 and gains 20%, the original C.P.of the car was :

Quiz

Answer/Solution

Rs.52941.18

Steps/Work

Explanation:
S.P = Rs.54,000. Gain earned = 20%
C.P = Rs.[100/120×54000]
=Rs. 45000
This is the price the first person sold to the second at at loss of 15%.
Now S.P = Rs.45000 and loss = 15%
C.P. Rs.[100/85×45000]= Rs.52941.18
Correct Option : C

Gain Calculator / Auto Solver

A man sells a car to his friend at % loss. If the friend sells it for $ and gains %, the original c. P. Of the car was :

Calculated Answer

52941.176470588

Step by Step Solution

In order to solve problem, you must evaluate ((n1 * 100) / (n2 + 100) * 100) / (100 - n0).

n0 =15
n1 =54000
n2 =20