1.

P bought an old TV and spent Rs. 1100 on its repairs. He then sold it to Q at 20% profit, Q sold it to R at a loss of 10% and R sold it for Rs. 11880 at a profit of 10%. What is the amount for which P bought the TV?1. Rs. 90002. Rs. 89003. Rs. 86004. Rs. 85005. Rs. 9400

Answer» Correct Answer - Option 2 : Rs. 8900

Given:

Spent on repairs = Rs. 1100

P’s profit = 20%

Q’s loss = 10%

R’s profit = 10%

R’s S.P = Rs. 11880

Calculations:

Let P’s C.P after repairing be x.

∴ According to the question,

⇒ 110% of 90% of 120% of x = 11880

⇒ 110/100 × 90/100 × 120/100 × x = 11880

⇒ x = (11880 × 10 × 10 × 10)/(11 × 9 × 12)

⇒ x = 10000

∴ P purchased it for Rs. (10000 – 1100) = Rs. 8900

P bought the old TV for Rs. 8900.


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