GRE
Exam
Numerical Ability
Profit and Loss
a person bought two old scooters for $9000.by selling one at a profit of 25% and the other at a loss of 20%, he neither gains or loses find the cost price of scooters.
Read Solution (Total 1)
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- Let, The CP of the scooters are x and (9000-x)
so, Obviously x*125/100 + (9000-x)*80/100 =9000 (as he neither gains or loses)
solving it, we get x=4000
so the cost price of the scooters are,
$4000 and $5000 (Ans).. - 12 years agoHelpfull: Yes(5) No(1)
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