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Aptitude · Q453

Profit And Loss

Competitive Exams · Aptitude · question 453

Q453

A sold a watch to B at a profit of 20%. B sold it to C at 30% profit. C sold it to D at 10% loss. If B's profit is Rs. 80 more than that of A, then D bought it for:

A.
Rs. 700
B.
Rs. 680
C.
Rs. 652
D.
Rs. 702
Answer

Answer: Option D

Solution

Answer: Option D
Solution:
Let A purchased at Rs. 100
⇒ A sold to B at a 20% profit = 100 ×
⇒ A sold to B at a 20% profit = 120
⇒ A's profit = 120 - 100
⇒ A's profit = 20 - - - - - - - - (1)
⇒ B sold to C at a 30% profit = 120 ×
⇒ B sold to C at 30% profit = 156
⇒ B's profit = 156 - 120
⇒ B's profit = 36 - - - - - - - - (2)
⇒ C sold to D at a 10% loss = 156 ×
⇒ C sold to D at a 10% loss = 140.4
From equation (1) and (2)
The difference in profit of B and A
⇒ B's profit - A's profit = 36 - 20
⇒ B's profit - A's profit = 16
So. 16x = 80
⇒ x = 5
∴ D bought it for 140.4 × 5 = Rs. 702.