Question

Alok sold a car to Brijesh at a profit of 8% and Brijesh sold the same to Mr. chander at a profit of 14%. Find the cost price of car for Mr. Chander If the cost price of car for Alok is Rs. 75,000.
1. Rs. 92340
2. Rs. 13425
3. Rs. 86590
4. Rs. 78900

Answer 1

Correct Answer - Option 1 : Rs. 92340

Given∶

Profit% for Alok = 8%

Profit percent for Brijesh = 14%

Cost price of car for Alok = Rs. 75,000

Formula Used:

CP of car for Mr. Chander = CP for Alok × [(100 + profit₁%)/100] × [(100 + profit₂%)/100]

Calculation ∶

Cost price of car for Mr.Chander = CP for Alok × [(100 + profit1%)/100] × [(100 + profit2%)/100]

⇒ 75000 × (108/100) × (114/100)

⇒ Rs. 92,340

∴ The CP of car for Mr. Chander is Rs. 92,340.