Wordpandit Question of the day
Question: A man bought a scooter and a car. If he sold the scooter at 10% loss and the car at 20% gain, he would not lose anything; but if he sold the scooter at 5% loss and the car at 5% gain, he would lose Rs. 10 in the bargain. The amount paid by him for the scooter was:
Answer Options:
1. Rs 200
2. Rs 400
3. Rs 500
4. Rs 600
Solution posted below. Click on the plus sign to view the solution.
Answer and Explanation
Answer: Option 2
Solution:
Let the CP of the scooter = Rs x and CP of car is Rs y.
We have 0.1x = 0.2y =
x = 2y
Now 5% of x – 5% of y = 10
5% of 2y – 5% of y = 10 (as x = 2y)
5% of y = 10
y = Rs 200 and x = Rs 400