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A sold an article to B for rs 8925 at a loss of 15%. B sold it to C at a price that would give A a profit of 19%. What is the profit of B (in rs) if he spent rs 1000 on repairs of the article?1. 34702. 35703. 24704. 25705. 2670 |
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Answer» Correct Answer - Option 4 : 2570 GIVEN: SP for A / CP for B = 8925 Loss % of A = 15% Profit % of B = 19% of A's Cp Spent on repairs = rs 1000 EXPLANATION: A sold at 15% loss i.e 85% of CP If 85% of CP is 8925 100% will be = \(\frac{8925}{85}\times100 = 10500\) CP for A = 10500 B sells at 19% profit on A's CP i.e = \(\frac{119}{100}\times10500 = 12495\) SP for B = 12495 B'sprofit = SP - CP = 12495 - 8925 = 3570 But he spent rs 1000 on repairs So, actual profit = 3570 - 1000 = 2570 |
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