Profit and Loss Practice Test 1

Question : 26 of 40

Marks: +1, -0

A sells a refrigerator to B at a loss of 20%, B sells it to C at a loss of 30%. If CP of the refrigerator sold to C is Rs 17,920, find the CP of A?

Solution:

Selling price of B to C = Rs 17,920
Loss = 30%
=

17,920 ×10/7

= Rs 25,600
SP of B to A = Rs 25,600
CP of B to A is at a loss of 20% =

25,600 ×5/4

= Rs 32,000

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