0. Aditya and Manav purchased one scooter each for the same price. Adt

1.	0. Aditya and Manav purchased one scooter each for the same price. Adtya sold it for Rs 18400 andlost 8%. At what price should Manav sell it to have a profit of 6%?
Answer» Price of scooter = CP CP =[100 / (100 – Loss %)] * SP= (100/92)18400= 20,000 Required Profit % = 6% Therefore, 6 = (profit/CP) 100 Profit = (6*20000)/100 = 1200 Then SP for Manav = CP + Profit = 21200

0. Aditya and Manav purchased one scooter each for the same price. Adtya sold it for Rs 18400 andlost 8%. At what price should Manav sell it to have a profit of 6%?

Answer»

Price of scooter = CP

CP =[100 / (100 – Loss %)] * SP= (100/92)*18400= 20,000

Required Profit % = 6%

Therefore, 6 = (profit/CP) *100

Profit = (6*20000)/100

= 1200

Then SP for Manav = CP + Profit

= 21200