Question

4. Abhinav bought a toy for 100 and sold it to Abhigyan at a profit of 20%, Abhigyan sold the toy to Arvind at a profit of 10%. If Arvind sold it to Anand at a loss of 30%, find the cost that Anand paid for the toy.​

Answer 1

Answer:

The cost Anand paid for the toy is 92.4

Step-by-step explanation:

Abhinav bought a toy for 100 and sold it to Abhigyan at a profit of 20% means abhigyan paid 120 for the toy.

100 + 20% = 120

now Abhigyan sold the toy to Arvind at a profit of 10% mean he sold the toy for 10% profit for the amount he paid that is 120

120 +10% =132

so Arvind paid 132

Now Arvind sold to Anand at 30% loss

132 - 30% = 92.4

So Anand paid 92.4 for the toy.