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Suman Bought an earpiece of Rs. 100 and sold that Earpiece to Rachna at a profit of 10%, Rachna sold it to Deepti at a profit of 20%. Deepti in the need of urgent money sold it to Suman at a loss of 36.36%. Find the total profit earned by Suman in the entire transaction.1. Rs. 262. Rs. 483. Rs. 104. Rs. 585. Rs. 36 |
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Answer» Correct Answer - Option 1 : Rs. 26 Given: Cost price of Earpiece for suman = Rs. 100 Profit % of Suman = 10% Profit % of Rachna = 20% Loss % of Deepti = 36.36% Formula Used: \({\rm{Selling\;Price}} = \;\frac{{\left( {100{\rm{\;}} + {\rm{\;Profit\;\% }}} \right)}}{{100}}{\rm{\;}} \times {\rm{Cost\;Price\;}}\) Calculation: By Ratio Method, \({\rm{Profit\;\% \;}} = {\rm{\;}}\frac{{{\rm{profit}}}}{{{\rm{Cost\;Price}}}}\) 10% = 1/10 (If C.P. is 10 units and profit is 1 unit then S.P. will be 11 Units) 20% = 1/5 36.36 = 4/11 Now, \({\rm{Suman}} \times {\rm{\;}}\frac{{{\rm{S}}.{\rm{P}}.1}}{{{\rm{C}}.{\rm{P}}.1}}{\rm{\;}} \times \frac{{{\rm{S}}.{\rm{P}}.2}}{{{\rm{C}}.{\rm{P}}.2}}{\rm{\;}} \times {\rm{\;}}\frac{{{\rm{S}}.{\rm{P}}.3}}{{{\rm{C}}.{\rm{P}}.3}} = {\rm{New\;C}}.{\rm{P}}.{\rm{\;of\;Suman}}\) The Original C.P. of Suman is ‘Rs. 100’ New C.P. of Suman ⇒ \(100 \times {\rm{\;}}\frac{{11 \times 6 \times 7}}{{10 \times 5 \times 11}} = {\rm{Rs\;}}84\) Profit of Suman = (Original C.P. – New C.P.) ⇒ (100 - 84) = Rs.16 Profit of Suman in First Transaction ⇒ \(\frac{{10}}{{100}}\; \times 100 = 10\) Total Profit of Suman ⇒ (Rs. 16 + Rs. 10) = Rs. 26 ∴ Total Profit earned by Suman is Rs. 26. |
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