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A sells a car to B at 10% loss. If B sells it for Rs. 54000 and gains 20%, the cost price of the car for A was
a)Rs. 25000
b)Rs. 50000
c)Rs. 37500
d)Rs. 60000
Correct answer is option 'B'. Can you explain this answer?
Verified Answer
A sells a car to B at 10% loss. If B sells it for Rs. 54000 and gains ...
Selling price of the car = Rs.54,000
gain 20%
Friend's cost price of the car = Rs. 54000 x 100/120 = Rs.45,000
Now selling price of the car of the first owner Rs.45000
Loss 10%
Cost price of the car = 45000 x 100/90
= Rs.50,000
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Most Upvoted Answer
A sells a car to B at 10% loss. If B sells it for Rs. 54000 and gains ...
10% of 54000 is 10800,not 9000 which you have mentioned in your solution
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Community Answer
A sells a car to B at 10% loss. If B sells it for Rs. 54000 and gains ...
SP1 = (0.9) CP1 or = 9/10 CP1
SP2 = (1.2) CP2 OR = 6/5 CP2
CP2= SP1 = 54000
SO,
54000= (1.2) CP2
CP2= 45000 WHICH IS ALSO EQUAL TO SP1
THEN,
45000= (0.9) CP1
CP1= 50000
SO COST PRICE OF CAR A is Rs. 50000
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A sells a car to B at 10% loss. If B sells it for Rs. 54000 and gains 20%, the cost price of the car for A wasa)Rs. 25000b)Rs. 50000c)Rs. 37500d)Rs. 60000Correct answer is option 'B'. Can you explain this answer?
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