Question

8%. At what price will buy the TV set?
Geeta buys a knitting machine for 16,000. She sells it to Reeta at a loss of 9%. Reeta
further loses 7% and sells it to Sita. What is Sita's cost price of the machine?​

Answer 1

Answer:

Sita purchased it at 13,540.80.

Step-by-step explanation:

Given:

The price at which Geeta purchased the knitting machine = 16,000

The Loss % at which Geeta sells the knitting machine to Reeta = 9%

The Loss % at which Reeta sells the knitting machine to Sita = 7%

Asked:

At what price Sita purchased it?

Solution:

The Price at which Geeta sold the knitting machine to Reeta:

Loss = Loss% of Cost Price

⇒ 9% of 16000

⇒ $\frac{9}{100}$ × 16000

⇒ 9 × 160

⇒ 1440

Loss = 1440

Selling Price = Cost Price - Loss

Selling Price = 16000 - 1440

Selling Price = 14560

Geeta sold the knitting machine to Reeta at 14560. (It also means that Reeta purchased it at 14560.)

The Price at which Reeta sold the knitting machine to Sita:

Loss = Loss% of Cost Price

Loss = $\frac{7}{100}$ × 14560

Loss = 7 × 145.6

Loss = 1019.2

Selling Price = Cost Price - Loss

Selling Price = 14560 - 1019.2

Selling Price = 13540.8

Therefore, Reeta sold the knitting machine to Sita at 13540.8.

Hence, Sita's Cost Price for the machine is 13540.8.

Answer 2

Answer:

sita purchased it at 13,540.80.