Multiple choice

A man bought two old scooters for Rs. $18000$. By selling one at a profit of $25\%$ and the other at a loss of $20\%$, he neither gains nor loses. Find the cost price of each scooter.

  1. $12000, 6000$
  2. $8000, 10000$
  3. $11000, 7000$
  4. $13000, 5000$
Reveal answer Fill a bubble to check yourself
B Correct answer
Explanation

Let CP1 = x, CP2 = 18000-x. Profit/Loss = 0.25x - 0.20(18000-x) = 0. 0.25x - 3600 + 0.20x = 0. 0.45x = 3600. x = 8000. CP2 = 10000.

AI explanation

Let the cost price of the first scooter be x, so the second scooter costs 18000 - x. Using the condition for no profit and no loss, 25% of x equals 20% of (18000 - x), which gives 0.25x = 3600 - 0.20x. Solving this linear equation yields 0.45x = 3600, so x = 8000. The cost prices of the two scooters are Rs. 8000 and Rs. 10000.