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Question

# Latika bought a radio set and spent Rs. 110 on its repairs. She then sold it to Garima at 20% profit, Garima sold it to Megha at a loss of 10% and Megha sold it for Rs. 1188 at a profit of 10%. What is the amount for which Latika bought the radio set?

A
Rs. 850
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B
Rs. 890
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C
Rs. 930
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D
Rs. 950
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Solution

## The correct option is B Rs. 890Let's assume the amount for which Latika bought the radio set=xSo, As per question,Latika's selling price=(x+110)*1.20Megha's buying price=(x+110)*1.20*0.90Megha's selling price= (x+110)×1.20×0.90×1.10=11881.19x+130.68=1188x=888.50Answer (B) Rs. 890

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