Question

4. A sells an electric press to B at a profit of 5% and B sells to C at a loss of 5%. If C pays * 23.94 for it, what
does cost A?
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Answer 1

Answer :-

Let the cost price of Bell be'x'

A sells an electric press to B at a profit of 5% Selling price

= cost price + profit Profit = cost price *profit percentage

so x + 5%xx =x + xx5/100

= x + 0.05x = 1.05x

B sells to C ata loss of 5%, if C pays rupees 23.94

Selling price = cost price - loss Loss

= cost price x loss percentage 1.05x - 5% x 1.05x

= 23.94 1.05x - 1.05x x 5/100

= 23.94 1.05x - 0.0525x

= 23.94 0.9975x

= 23.94 X

= 23.94/0.9975

x= 24

so, cost price = 24