Question

A bought a car for Rs.100000 and spent Rs. 10000 on its repairs.He sold this car to B at a gain of 10% who later on sold to Close at a gain of 5%.what did C pay for the car?

Answer 1

C paid Rs. 127,050 for the car.

Step-by-step explanation:

To find out what C paid for the car, we need to consider the gains made by A and B. A bought the car for Rs.100,000 and spent Rs. 10,000 on repairs. This means A's total cost is Rs. 110,000. A then sells the car to B at a gain of 10%, which means B buys the car for 110% of Rs. 110,000, or Rs. 121,000.

Now, B sells the car to C at a gain of 5%. To find out what C paid, we need to calculate 105% of Rs. 121,000, which gives us Rs. 127,050. Therefore, C paid Rs. 127,050 for the car.