Q408
A sells a watch to B and makes a loss of 12%. B makes a profit of 121/2 % by selling the watch to C. If A sells the watch to be at the cost of which C purchased it, then the percentage of loss or profit of A will be = ?
A sells a watch to B and makes a loss of 12%. B makes a profit of % by selling the watch to C. If A sells the watch to be at the cost of which C purchased it, then the percentage of loss or profit of A will be = ?
A.
1% loss
AnswerB.
1% profit
C.
2% loss
D.
2% profit
Answer: Option A
Solution
Answer: Option A
Solution:
Let the CPA of Watch = 100∴ SPA to B = 100 - 12% of 100 = 100 - 12 = 88
AND SPB to C = 88 + % of 88 = 88 + 11 = 99
If A sold the direct to C at price of B sold to C.
A got loss = 100 - 99 = 1
% loss