SOLUTION: ravish sold his motor cycle to vineet at a loss of 28% vineet spent rs. 1680/-on its repair and sold the motor cycle to rahul for rs. 35910, thereby making a profit of 12.5% find t
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Question 101260: ravish sold his motor cycle to vineet at a loss of 28% vineet spent rs. 1680/-on its repair and sold the motor cycle to rahul for rs. 35910, thereby making a profit of 12.5% find the cost price of the motor cycle for ravish.
Answer by stanbon(75887) (Show Source): You can put this solution on YOUR website!
ravish sold his motor cycle to vineet at a loss of 28% vineet spent rs. 1680/-on its repair and sold the motor cycle to rahul for rs. 35910, thereby making a profit of 12.5% find the cost price of the motor cycle for ravish.
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Let ravish cost price = "x"
Sold to vineet for 0.72x
Vineet value after repair: 0.72x-1680
Sold to rahul at 12.5% profit:
(1.125)(0.72x-1680)=35910
0.72x-1680= 31920
0.72x = 33600
x=46666.67
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Cheers,
Stan H.
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