A man sells a car to his friend at the loss of 10 %; who in return sells it for Rs. 54000 making a profit of 20 %. What was the initial value of the car?

A man sells a car to his friend at the loss of 10 %; who in return sel

1.	A man sells a car to his friend at the loss of 10 %; who in return sells it for Rs. 54000 making a profit of 20 %. What was the initial value of the car?
A.	Rs. 50,000
B.	Rs. 25,000
C.	Rs. 37,500
D.	Rs. 60,000
Answer» B. Rs. 25,000

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A man sells a car to his friend at the loss of 10 %; who in return sells it for Rs. 54000 making a profit of 20 %. What was the initial value of the car?

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