10. Priya sold a flower vase to a shop at a profit of
25%. The shop sells it to a customer at a loss
of 10%. At what price did the customer buy the
flower vase, if it cost 400 to Priya?
Answers
Given :- Priya sold a flower vase to a shop at a profit of 25%. The shop sells it to a customer at a loss of 10%. At what price did the customer buy the flower vase, if it cost 400 to Priya ?
Solution :-
we have,
→ CP of flower vase for Priya = Rs.400
→ Profit % = 25% .
So,
→ SP at which Priya sold to shop = {CP * (100 + Profit%)}/100 = {400 * (100 + 25)}/100 = (400 * 125/100) = Rs.500 .
Now,
→ CP of shop = Rs.500
→ Loss % = 10%
then,
→ SP at which shop sold to customer = {CP * (100 - Loss%)}/100 = {500 * (100 - 10)}/100 = (500 * 90/100) = Rs.450 .
Hence, The customer buy the flower vase at Rs.450 .
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