Profit and Loss Practice Test 7

Question : 30 of 40

Marks: +1, -0

Preeti sold an induction cooker to Megha at 15% loss. Megha sold it to Heena at a profit of 20%. If Preeti brought the cooker for Rs 30,000, find the cost price of the cooker bought by Heena?

Rs 30,600
Rs 31,720
Rs 30,990
Rs 31,250
Rs 590

Validate

Solution:

The CP of cooker sold to Preeti = Rs 30,000
The SP of cooker sold to Preeti =

30,000 -15/100× 30,000

= Rs 25,500
So, the CP of cooker sold to Megha = Rs 25,500
The SP of cooker sold to Mehga =

25,500 + 20 /100×25,500

= Rs 30,600
The CP of cooker sold to Heena = Rs 30,600

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