Multiple choice

A man sold his car at a loss of 5%. had he sold it for Rs. 18000 more he would have made a profit of 4% find the cost price of the car.

  1. Rs. 180000

  2. Rs. 190000

  3. Rs. 200000

  4. Rs. 225000
Reveal answer Fill a bubble to check yourself
C Correct answer
Explanation

Let CP = x. Selling at 5% loss means SP1 = 0.95x. Selling for Rs. 18,000 more gives SP2 = 0.95x + 18000, which is a 4% profit: SP2 = 1.04x. So 1.04x = 0.95x + 18000, giving 0.09x = 18000, thus x = 18000/0.09 = Rs. 200,000. This is a standard profit-loss problem requiring understanding of percentage calculations.

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