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Profit and Loss
Ashok bought a gift artical and spent Rs. 110 on its repair. He then sold it to Bhushan at a profit of 20%. Bhushan sold it to Charan at a loss of 10%, and Charan sold the same for Rs.188 at a profit of 10%. How much did Ashok Pay for the article?
Read Solution (Total 1)
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- 48.25 Rs.
If Price of a gift article=x, it's total cost to Ashok after repair=x+110
CP to Bhushan=1.2(x+110)
CP to Charan=0.9*1.2(x+110)
As Charan sold it at 10% profit for Rs. 188, So 1.1*0.9*1.2(x+110)=188
On solving x=48.25 - 8 years agoHelpfull: Yes(14) No(0)
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