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If X sells an article to Y at 20% profit, that particular article is further sold at Rs 1500 to Z. Y’s gain in that transaction is 25%. Calculate cost price of the article at X.1. Rs 22502. Rs 25003. Rs 10004. Rs 30005. Rs 1500 |
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Answer» Correct Answer - Option 3 : Rs 1000 Given: X to Y = 20% profit Y to Z = 25% profit Final C.P. = Rs 1500 Formula used: S.P. = C.P. + Gain S.P. = C.P. – Loss Profit% = (Profit/C.P.) × 100 Calculation: Let, an unit = X ⇒ P sells at 1/5 profit. Hence, C.P. = 5 × X and S.P. = 6 × X ⇒ Q sells at 1/4 profit. Hence, C.P. = 4 × X and S.P. = 5 × X ⇒ Cost price of X = (5 × 4 × X) ⇒ Cost price of Z = (6 × 5 × X) ⇒ C.P. of Z = 30 × X and C.P. of X = 20 × X Now, final C.P. = 1500 ⇒ 30 × X = 1,500 ⇒ X = 50 ⇒ C.P. of X = 20 × 50 ⇒ C.P. of X = 1000 ∴ Cost price of article at X is Rs 1000 |
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