Saved Bookmarks
| 1. |
Amit sold a Bluetooth speaker to Mohan at 40% profit. Mohan sold that speaker to Ramesh at 20% loss. If Ramesh paid Rs. 2800 for that speaker then find out the amount which paid by Amit for the speaker.1. 24002. 25003. 26004. 2700 |
|
Answer» Correct Answer - Option 2 : 2500 Given: Amit’s Profit % = 40% Mohan’s Loss % = 20% C.P. for Ramesh = 2800 Formula Used: (i) Cost price × (100 + Profit%)/100 = Selling price (ii) Cost price × (100 - Loss%)/100 = Selling price Calculation: Let Amit’s C.P. be A Rs. ⇒ C.P. for Mohan = A × 140/100 ⇒ S.P. for Mohan = A × (140/100) × (80/100) = C.P. of Ramesh ⇒ A × (140/100) × (80/100) = 2800 ⇒ A = Rs. 2500 ∴ The amount which paid by Amit for the speaker is Rs. 2500. |
|