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Ajay sells a tobe secondes to vijay at a profit of 20%.vijay sells it to Mohan at a profit of 8%. lf the cost price of Ajay's tape recorder was RS 1500, for how much did Mohan buy it . |
Answer» Answer:-Given: CP of Ajay's tape RECORDER = Rs. 1500 PROFIT earned for Ajay = 20 % Profit earned for Vijay = 8 % We KNOW that, SP = (100 + Profit % / 100) * CPSo, SP of the tape recorder = (100 + 20 / 100) * 1500 ⟶ SP of the tape recorder = 120 * 15 ⟶ SP of the tape recorder = Rs. 1800Now, Vijay sold this tape recorder to Mohan. So, the price of the tape recorder sold to Vijay will be the CP . ⟶ CP of tape recorder = Rs. 1800 ⟶ SP = (100 + 8 / 100) * 1800 ⟶ SP = 108 * 18 ⟶ SP = Rs. 1944∴ Mohan bought the tape recorder for Rs. 1944. |
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