15. Chitra sold an iron at 5% profit to Anwar, who
had to sell it at 10% loss to Madhu. If Madhu
bought the iron for * 3780, for how much did
Chitra buy it?
Answers
Answered by
2
Answer:
Let the original cost price (CP) be x.
Selling price (SP) for Shyam (Shyam buying) =x(p100+1) where p is the profit percentage.
Selling price for Mohan =x(p100+1)(p100+1)
Selling price for Rakesh =x=(1−0.36)×x(p100+1)(p100+1)
⟹(p+100)2=100000.64
⟹p+100=1000.8=125
⟹p=25%
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