Question 128
Harish bought a gas-chullah for ₹ 900 and later sold it to Archana at a profit of 5 % . Archana used it for a period of two years and later sold it to Babita at a loss of 20 %. For how much did Babita get it?
It is given that, Harish bought the chullah for ₹ 900 and sold it to Archana at a profit of 5%.
∴ Cost price of chullah for Archana = 900 + 5 % of 900
=900+5100×900=900+45
= ₹ 945
Now, Archana sold it to Babita at a loss of 20%.
∴ Cost price of chullah for Babita = ₹ 945 - 20 % of ₹ 945
=945−20100×945=945−189 = ₹ 756
Hence, Babita got chullah at ₹ 756.