Latest GRE Aptitude Question SOLUTION: franky sells a calculator to wren at a gain of 17% and wren sells it to john at a loss of 25%.if john pays $1842.75 for it,what did franky pay for it?

• Placement Papers
• /
• GRE
• /
• Numerical Ability
• /
• Profit and Loss

GRE Question Papers:

(#M40012065) GRE Numerical Ability question Keep an EYE

franky sells a calculator to wren at a gain of 17% and wren sells it to john at a loss of 25%.if john pays $1842.75 for it,what did franky pay for it?

Asked In GRE ratna (11 years ago)

Unsolved Read Solution (2)

Is this Puzzle helpful?   (2)   (0) Submit Your Solution Profit and Loss

Read Solution (2) :

indrajit hui  (11 years ago)

$ 2100 is the answer

Is this solution Helpfull? Yes (2) | No (1)  

neha pallavi  (11 years ago)

s.p of franky=((c.p of franky)*117)/100
then
c.p of wren is= s.p of franky
s.p of wren=((c.p of wren)*75)/100
,, =(((c.p of franky)*117)/100)*75/100
s.p of wren is=c.p of john.
then,
1842.75=(((c.p of franky)*117)/100)*75/100
now,
c.p of franky=1842.75*100*100/117*75
=$2100.

Is this solution Helpfull? Yes (1) | No   

Please Login to Read Solution.