Question

A bought a cycle and spent Rs. 110 on its repairs. He then sold it to B at a profit of 20%. B sold it to C at a loss of 10%. C sold it at a profit of 10% for Rs. 1,188. What is the price A paid to buy that bicycle :

• A. RS. 850
• B. RS. 870
• C. RS. 930
• D. RS. 890

Answer 1

The correct option is D RS. 890

110% of 9O% of 120% of A = 1188.

$[\left(\frac{110}{100}\right)\times \left(\frac{90}{100}\right)\times \left(\frac{120}{100}\right)\times A]=1188henceA=1000ApurchaseditforRs.$ \left(1000- 110\right) = Rs. 890$