A bought a radio set and spent Rs. 110 on its repairs. He then sold i…

Question

A bought a radio set and spent Rs. 110 on its repairs. He then sold it to B at 20% profit, B sold it to C at a loss of 10% and C sold it for Rs. 1188 at a profit of 10% . What is the amount for which A bought the radio…

Accepted Answer

Option B. Rs. 890. Answer & Solution Answer: Option B Solution: 110% of 90% of 120% of A = 1188 & 110100 × 90100 × 120100 A = 1188 & 11881000 A = 1188 & A = 1000 ∴ A purchased it for Rs. (1000 - 110) = Rs. 890

A bought a radio set and spent Rs. 110 on its repairs. He then sold it to B at 20% profit, B sold it to C at a loss of 10% and C sold it for Rs. 1188 at a profit of 10% . What is the amount for which A bought the radio set ?

Solution