Multiple choice

Rohit sold his car at 10% below the cost price to Amit. Amit got the car repaired and spent Rs 5000. He then sold the car to Rajesh at 20% above the total cost, which is equal to Rs 100000. Find the original price of the car?

  1. Rs 93000

  2. Rs 83000

  3. Rs 87000

  4. Rs 97000
Reveal answer Fill a bubble to check yourself
C Correct answer
Explanation

Rajesh bought at 20% above total cost, and sold for Rs 100000. So 120% of total cost = 100000, meaning total cost for Amit = 100000/1.2 = Rs 83333.33. This includes Rs 5000 repair, so Rohit's selling price = 83333.33 - 5000 = Rs 78333.33. Rohit sold at 10% below cost, so this is 90% of original price. Original price = 78333.33/0.9 = Rs 87037, approximately Rs 87000.

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