Question

A person $A$ sells a table costing Rs. $2000$ to a person $B$ and earns a profit of $6\%$. The person $B$ sells it to another person $C$ at a loss of $5\%$. At what price did $B$ sell the table?

• A. Rs. $2054$
• B. Rs. $2050$
• C. Rs. $2024$
• D. Rs. $2014$

Answer 1

The correct option is D Rs. $2014$

C.P. of $A=$ Rs. $2000$, Profit $=6\%$
$\therefore$ S.P. of $A=\frac{106}{100}\times$ Rs. $2000=$ Rs. $2120$

S.P of $A=$ C.P. of $B$
$\Rightarrow$ C.P. of $B$ $=$ Rs. $2120$, Loss $=5\%$
$\therefore$ S.P. of $B$ $=\frac{95}{100}\times$ Rs. $2120=$ Rs. $2014$