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Question 12 A bought a tape recorder for Rs.8000 and sold it to B. B in turn sold it to C, each earning a profit of 20%. Which of the following is true? (a) A and B earn the same profit (b) A earns more profit than B (c) A earns less profit than B (d) Cannot be determined

Answer»

Question 12

A bought a tape recorder for Rs.8000 and sold it to B. B in turn sold it to C, each earning a profit of 20%. Which of the following is true?
(a) A and B earn the same profit
(b) A earns more profit than B
(c) A earns less profit than B
(d) Cannot be determined



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