Question
Rohan bought a motor-cycle at a discount of 13(1/3) %
on MRP. He earned half the amount of his CP by renting it for 400 days. After that he resells it at half of MRP. In this transaction he earned Rs. 400, find MRP of motor-cycle(in Rs).Solution
Let the MRP of motor-cycle is 6x. ∴ Discount = 40/3 % of 6x = 0.8x ∴ Rohan bought this motor-cycle for 5.2x. He earns 2.6x by renting it and resells it at 3x. ATQ, 3x + 2.6x – 5.2x = 400 0.4x = 400 ⇒ x = 1000 ∴ MRP = 6x = 6 × 1000 = Rs. 6000
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