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7.Profit and Loss
hard
A man sells a scooter to his friend at $10 \%$ loss. If the friend sells it for $RS.\, 4000$ and gains $20\%,$ find out the original cost price of the scooter. (in $Rs.$)
A
$50000$
B
$45000$
C
$40000$
D
None of these
Solution
Here, $m=-10, n=20, z=₹ 54000$
$\therefore$ Actual cost price of the scooter
$=\left[\frac{100^{2} z}{(100+m)(100+n)}\right]$
$=\left[\frac{100 \times 100 \times 54000}{(100-10)(100+20)}\right]$
$=\left(\frac{100 \times 100 \times 54000}{90 \times 120}\right)=Rs. 50000$
Standard 13
Quantitative Aptitude
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