Harish bought a cradle for 215 and later sold it to Ram at a profit of

1.	Harish bought a cradle for 215 and later sold it to Ram at a profit of 5%. Ram used it for his sonfor a period of two years and later sold it to his servant at a loss of 20%. For how much did theservant get it?
Answer» Given cost price of cradle = 215 Sold to Ram for price= 215(1 + 5/100)= 215(21/20) = 225.75 Servant paid for cradle= 225.75(1 - 20/100)= 225.75(4/5)= Rs 180.6

Harish bought a cradle for 215 and later sold it to Ram at a profit of 5%. Ram used it for his sonfor a period of two years and later sold it to his servant at a loss of 20%. For how much did theservant get it?

Answer»

Given cost price of cradle = 215

Sold to Ram for price= 215(1 + 5/100)= 215(21/20) = 225.75

Servant paid for cradle= 225.75(1 - 20/100)= 225.75(4/5)= Rs 180.6