A Man Sells His Scooter For Rs. 16500 Making A Profit Of 10%. How Muc

1.	A Man Sells His Scooter For Rs. 16500 Making A Profit Of 10%. How Much Did The Scooter Cost Him?
Answer» Let the COST price be k RS. PROFIT percentage = 10%, profit = (10/100) x k = k/10 S.P = C.P + Profit = k + (k/10) = 11k/10 11k/10 = 16500 =&GT; k = 16500 x (10/11) = 15000. Let the cost price be k Rs. Profit percentage = 10%, profit = (10/100) x k = k/10 S.P = C.P + Profit = k + (k/10) = 11k/10 11k/10 = 16500 => k = 16500 x (10/11) = 15000.

A Man Sells His Scooter For Rs. 16500 Making A Profit Of 10%. How Much Did The Scooter Cost Him?

Answer»

Let the COST price be k RS.

PROFIT percentage = 10%, profit = (10/100) x k = k/10

S.P = C.P + Profit = k + (k/10) = 11k/10

11k/10 = 16500 =&GT; k = 16500 x (10/11) = 15000.

Let the cost price be k Rs.

Profit percentage = 10%, profit = (10/100) x k = k/10

S.P = C.P + Profit = k + (k/10) = 11k/10

11k/10 = 16500 => k = 16500 x (10/11) = 15000.