Mr.A sells a bicycle to Mr B at a profit of 20%.Then Mr B sells it to Mr.C at a profit of 25%.After that Mr.C sells it to Mr D at a loss of 30% if Mr D pays ₹ 40000.what did Mr.A pay for it?Where there was any profit for Mr.A in whole transaction

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Solution

D pays 40000 Rs C sells to D at a loss of 30% So, amount payed by C = 40000 x 100 / (100 - 70) = 40000 x 100 / 70 = 57142.85 Rs B sells to C at a profit of 25% So, amount payed by B = 57142.85 x 100 / (100 + 25) = 57142.85 x 100 / 125 = 45714.29 Rs A sells to B at a profit of 20% So, amount payed by A = 45714.29 x 100 / (100 + 20) = 45714.29 x 100 / 120 = 38095.24 Rs The total profit of A = (Amount payed by A) - (Amount recieved by A when he sold it to B) = 45714.29 - 38095.24 = 3809.52 Rs

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