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Question
Mia sold a ring to her friend for ₹7600 which she had bought from an exhibition for ₹9000. What is the cost price of the ring for her friend?
Mia sold a ring to her friend for ₹7600 which she had bought from an exhibition for ₹9000. What is the cost price of the ring for her friend?
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Solution
The correct option is A ₹7600
Mia sold the ring to her friend for ₹7600, hence for Mia, the selling price of the ring is ₹7600.
However, her friend bought it for ₹7600, hence for her friend, the cost price of the ring is ₹7600.
Mia sold the ring to her friend for ₹7600, hence for Mia, the selling price of the ring is ₹7600.
However, her friend bought it for ₹7600, hence for her friend, the cost price of the ring is ₹7600.
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