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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. 8900 3. Rs. 86004. Rs. 8500 |
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Answer» Correct Answer - Option 2 : Rs. 8900 Given: Spent on repairs = Rs. 110 P’s profit = 20% Q’s loss = 10% R’s profit = 10% R’s S.P = Rs. 11880 Calculations: Let P’s C.P 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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