Ranjan bought a second hand scooter for ₹ 6,000. He spent ₹ 300 on its repairs and sold it to Vineet at a profit of 10%. Vineet sold the scooter to Mukesh at a loss of 10%.At what price did Mukesh buy the scooter.(7th class math)

Ranjan bought a second hand scooter for ₹ 6,000. He spent ₹ 300 on its repairs and sold it to Vineet at a profit of 10%. Vineet sold the scooter to Mukesh at a loss of 10%.At what price did Mukesh buy the scooter.(7th class math)

Solution:Given Cost price (C P) of scooter = Rs. 6000

                                       Repair charges = Rs.300

Actual Cost price(C P) of scooter = Rs.6000 + Rs.300

                                                      = Rs,6300

According to question

Scooter sell to Vineet at a profit of 10%.

 then selling price(S P) = C P X (100 + Gain%)/100

                                     = 6300 X (100 + 10)/100

                                     = 6300 X 110/100

                                     = 6930 Rs.

Again Vineet sold the scooter to Mukesh at a Loss of 10%.

then Mukesh buy the scooter price = 6930 X (100 - 10)/100

                                                        = 6930 X 90/100

                                                        = 693 X 9

                                                        = 6237 Rs.

Therefore Mukesh buy the scooter 6237 Rs.