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Question

A purchased certain goods and sold them to B at a profit of 20%. B sold the goods to C at a loss of 30% for Rs. 9,000. The purchase price for A was

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Solution

Let purchase price for A be x.
Given that, Purchased price of B=120%×x=1.2x
And Purchased price of C=70%×1.2xRs.9000=1.2xx=10,714.28
Purchase price for A =Rs.10,715(approx).

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