NCERT Exemplar Solutions
Class 7 - Mathematics - Unit 7: Comparing Quantities - Problems and Solutions
Question 111

Question. 111

A person wanted to sell a scooter at a loss of 25%. But at the last moment he changed his mind and sold the scooter at a loss of 20%. If the difference in the two SP’s is ₹ 4000, then find the CP of the scooter.

Answer:

₹ 80,000

Detailed Answer with Explanation:

Difference = 5% of CP = 4000.
CP = 4000 × 100/5 = 80,000.