NIFT PG 2020 Question Paper with solutions

© examsiri.com

Question : 11 of 150

Marks: +1, -0

A

sells a cycle to

B

at a profit of

20 \%

and

B

sells it to

C

at a loss of

25 \% .

If

C

bought the cycle for

₹

P,

then the cost price of it for

A

was

$₹ \;{9}/{10} P$
$₹ \;{10}/{9} P$
$₹ \;{1}/{20} P$
$₹ \;{9}/{20} P$

Solution:

Let the CP for

A=₹ x

, then
According to the question,

75 \%

of

120 \%

of

x=P

⇒ \;\; x × \;{120}/{100} × \;{75}/{100}=P

⇒ \;\; x × \;{6}/{5} × \;{3}/{4}=P

⇒ \;\; x=₹ \;{10}/{9} P

© examsiri.com

Go to Question:

Prev Question

Next Question