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?

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(#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 (12 years ago)

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indrajit hui  (12 years ago)

$ 2100 is the answer

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neha pallavi  (12 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.

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