InterviewSolution
Saved Bookmarks
| 1. |
Rita buys a toaster at some price. However, she finds it defective and sells to Ram at 20% loss. Ram repairs it and sells at a profit of 40% to Rekha. If Rekha buys it for Rs. 5600, how much loss did Rita suffer?1). Rs. 12002). Rs. 11203). Rs. 14004). Rs. 1000 |
|
Answer» Ram SOLD the toaster at 40% profit. Using the FORMULA, $({\rm{CP\;}} = {\rm{}}\frac{{{\rm{SP}}}}{{1{\rm{}} + {\rm{profit\% }}}})$ Where, CP = cost price SP = Selling Price Putting SP = Rs. 5600 and profit percent = 40%, we GET CP = Rs. 4000. ∴ Ram has bought it for Rs. 4000. Rita had sold it for 20% loss. Putting SP = 4000 and loss = 20%. C.P = Rs. 5000 ∴ Rita had bought it for Rs. 5000. ∴ Loss suffered by Rita = Rs. (5000 − 4000) = Rs. 1000 |
|