Profit and Loss Practice Test 2

Question : 25 of 40

Marks: +1, -0

A sells a cycle to B at a profit of 5% and B sells it to C at a profit of 10%. If C pays Rs 2,310 for it, the cost price of A is:

Solution:

\table A,B,C;CP \of \the \cycle x,x+5/100x=21/20x,21/20x+21/20x×10/100=21/20x+21/200x

C pays Rs 2,310 for the cycle

21/20x+21/200x=2310

x={2310×200}/231=2000

Cost price paid by A is Rs 2,000.

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