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. $1188$. How much did Rs. A buy it for?

• A. Rs. $850$
• B. Rs. $890$
• C. Rs. $930$
• D. Rs. $950$

Answer 1

The correct option is B Rs. $890$

Let the cost price including Rs. $110$ for A be $x$.
According to the question, $1188=1.10$ $\times 0.9\times 1.20\times x$
x = $\frac{1188}{1.1\times 0.9\times 1.20}$
Hence, A paid $1000-110$ = Rs. $890$ for the bicycle.