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Profit & Loss

A sells a bic...

Question

A sells a bicycle to B at a profit of 20% and B sells it to C at a profit of 25%. If C pays Rs. 1500, what did A pay for it ?

Rs. 825

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Rs. 1000

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Rs. 1100

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Rs. 1125

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Solution

The correct option is B Rs. 1000
125% of 120% of A = 1500

$\Rightarrow \frac{125}{100} \times \frac{120}{100} A = 1500 ∴ A = (1500 \times \frac{2}{3}) = 1000$

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A sells a bicycle to B at a profit of 20% and B sells it to C at a profit of 25%. If C pays Rs. 1500, what did A pay for it ?

The correct option is B Rs. 1000125% of 120% of A = 1500 ⇒ 125100×120100A=1500∴ A=(1500×23)=1000

The correct option is B Rs. 1000
125% of 120% of A = 1500

$\Rightarrow \frac{125}{100} \times \frac{120}{100} A = 1500 ∴ A = (1500 \times \frac{2}{3}) = 1000$