12. Shyam purchased a cycle for Rs. 1800 and sold it at 10% profit to Mohan, Mohen sold the cycle to Anwar at 5% profit. Find out the price at which Anwar purchased the cycle?
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Answer:
2079 rupees.
Step-by-step explanation:
Shyam purchased the cycle for 1800 rupees and sold it at 10% profit to Mohan.
We know that 10%means 10÷100 I.e 0.1, In this question 10% of 1800 =180
that means Syam purchased a cycle for 1800 and sold it at 10% means 1800+180 = 1980 rupees.
now, Mohan sold the cycle to Anwar at 5% means 5% of 1980 because Mohan cost price of the cycle is 1980 rupees which is the 10% profit of Shyam.
now, 5% of 1980
=(5÷100) x 1980
= 0.05 x 1980
= 99 rupees.
which means 1980+99 = 2079 rupees
hence, Anwar purchased the cycle at 2079 rupees.
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