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A sells an article to B at a gain of 10% and B sells it to C at a gain of 5%. If C pays Rs.4,620 for it, what did it cost to A? |
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Answer» Rs. 4,000 Let the COST PRICE of A be Rs.100, then the selling price =Rs.110.Now, the cost price of B be Rs.110 Selling price of B =105/100 × 110 100 231 = Rs. 132/2 ∴ C.P. of C = 231/2 But the cost price of C as GIVEN = Rs.4,620 If the cost price of C is Rs. 231/2, then the C.P. of A = Rs.100 If the cost price of C is Rs.4,620 then the C.P of A=(100 × 2 × 4620)/ 231 = Rs.4,000 |
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