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Question

A sold a watch to B at 20% profit and B sold it to C at 12% loss. If C paid Rs. 844.80 for the watch; how much did A pay for it ?

A
Rs. 530
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B
Rs. 650
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C
Rs. 720
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D
Rs. 800
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Solution

The correct option is C Rs. 800
Given, for B
S.P = Rs. 844.80
Loss =12 %
Now, with this S.P. and for Loss % =C.P.S.P.C.P.×100=12 %
C.P.844.80C.P.×100=12
C.P. 844.80=0.12 C.P.
0.88 C.P. =844.80
C.P. = Rs. 960
This, Rs. 960 is the S.P for A as A sold the article to B.
So, Profit % =S.P.C.P.C.P.×100=20 %
960C.P.C.P×100=20
960 C.P. =0.2C.P.
1.2 C.P =960
C.P. =Rs800
Hence, C bought the article for Rs. 800.

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