Rohit sold his car at 10% below the cost price to Amit, Amit got the car repaired and spent ` 5000. He then sold the car to Rajesh at 20% above the total cost. Which is equal to ` 100000. Find the original price of the car (nearest to hundred)
[ A ] ` 87000
[ B ] ` 83000
[ C ] ` 93000
[ D ] ` 97000
Answer : Option A
Explanation :
C. P. for Rajesh = S. P. for Amit = 100000
Cost price of Amit = 100000 × $100\over120$ = 83333.33
Selling price for Rohit = 83333.33 – 5000 = 78333.33
Cost price for Rohit = 78333.33 × $100\over90$ = 87037.04
= ` 87000
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