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Ajith sells a table to Ajay at 10% profit and Ajay sells it to Anoob at 10% loss. At what price did Ajith purchase the table if Anoob paid Rs.2178?
Options
1) Rs.2100
2) Rs.2150
3) Rs.2200
4) Rs.2250
Read Solution (Total 20)
-
- Increase by 10% & decrease by 10% means there is a loss of 1% totally. That loss in 1% percent is added to Rs. 2178 to get actual price.
1% of 2178=21.78
2178+21.78=2199.78(=2200 appro).
- 9 years agoHelpfull: Yes(18) No(2)
- Let the cost price of table for Ajith be Rs.x and given that, cost price of table for Anoob = Rs.2178
90% of 110% of x = Rs.2178
(90/100) (110/100) x = 2178
x = (2178*100)/9 *11
x = Rs.2200 - 9 years agoHelpfull: Yes(9) No(2)
- Let Ajith bought at 100 rs. then he sold it to Ajay at 10 % profit= 100+10= 110 rs.
Now Ajay sold it to Anoob at 10 % loss = 110-11 = 99 rs.
So, 99 : 100= 2178 : x
therefore, x= (2178 * 100) / 99 = 2200 ( Answer) - 9 years agoHelpfull: Yes(6) No(0)
- Let initial price be x.
now,
if he sold at the profit of 10% then the price would become (x+10/100x)
again,i he sells at 10% loss then overall it would become (1.1x)(0.9)
now,
if anoop paid 2178 then ans would be...
(1.1x)(0.9)=2178
x=2200
so ans is 2200 - 9 years agoHelpfull: Yes(1) No(0)
- Increase by 10% & decrease by 10% means there is a loss of 1% totally. That loss in 1% percent is added to Rs. 2178 to get actual price.
1% of 2178=21.78
2178+21.78=2199.78(=2200 approx) - 9 years agoHelpfull: Yes(1) No(1)
- As Ajay sold it at 10% loss so we can write
x is the cp of ajay.
Step 1 :- x - 10%(x) = 2178. // we have used - because ajay is in loss
x - 0.1(x) = 2178.
0.9x = 2178.
x = 2420.
hence cp of ajay is 2420.
now we have to find cp of ajith.
so y + 10%(y) = 2420. // we have used + because ajith is in profit
same calculation
y = 2420/1.1.
y = 2200.
so hence y is the cp of ajith
& originally cp was 2200. - 9 years agoHelpfull: Yes(0) No(0)
- ajay's loss=ajay's c.p. - ajay's s.p.
0.1(x+0.1x)=(x+0.1x)-2178
gives x=2200'
where x=initial c.p. i.e. c.p. for ajith - 9 years agoHelpfull: Yes(0) No(0)
- item price * 11/10 * 9/10 = 2178
item price = 2200
11/10 = profit
9/10 = loss
:) - 9 years agoHelpfull: Yes(0) No(0)
- 2200
- 9 years agoHelpfull: Yes(0) No(1)
- 2200*110/100*90/100=2178
- 9 years agoHelpfull: Yes(0) No(0)
-
3) 22000
- 9 years agoHelpfull: Yes(0) No(0)
- CP of ajit be x
SP of ajit = (110/100)*x = C.P of ajay
S.P of ajay = (90/100)* CP of ajay = CP of anoob
(90/100)*(110/100)*x= 2178
x=2200 - 9 years agoHelpfull: Yes(0) No(0)
- 100 110
110 99
100 99
? 2178
100*2178/99=2200
answer 2200 - 9 years agoHelpfull: Yes(0) No(0)
- percentage of loss=(10/10)^2=1%
the actual price of the table=(100*2178)/99=2200 - 9 years agoHelpfull: Yes(0) No(0)
- 2200 let take initial price as 100.
percentage of loss=(10/10)^2=1%
the actual price of the table=(100*2178)/99=220 - 9 years agoHelpfull: Yes(0) No(0)
- let Ajith cost price =100 then Ajay cost price=Ajith selling price=110
Now Ajay selling price=Anoob cost price=110-11=99
99---->2178
100----> ?
2178*100/99=2200(Answer) - 9 years agoHelpfull: Yes(0) No(0)
- X × 0.90 × 1.10 = 2178
X = 2200 - 9 years agoHelpfull: Yes(0) No(0)
- let Ajith c.p.=c
Ajith s.p.=1.1*c
Ajay s.p.=anoob c.p.=0.9*1.1*c=2178
c=2200 - 9 years agoHelpfull: Yes(0) No(0)
- Concept of 1% is completely WRONG in this case. Because 1% loss will be calculated on the actual price of the product. That means 2200. 2200*1/100= 22. and 200-22= 2178. Its not like 2178+1%of 2178 = ANS. This is wrong.
- 8 years agoHelpfull: Yes(0) No(0)
- let, the price of table is X
and , the ajay sells it is Y
Y-Y*10%=2178 (here 10% loss)
Y=2420
similarly,
X+X*10%=2420 (here 10% profit)
X=2200. - 2 years agoHelpfull: Yes(0) No(0)
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