8. Mr. A sells a bicylce to Mr. B at a profit of 20% and Mr. B sells it to Mr. Ca
25%. If Mr. C pays 1,500, what did Mr. A pay for it?
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Step-by-step explanation:
let the cost price be x
20%of x=20/100×x
=x/5
cost price of the bicycle for mr b = x+x/5
=5x+x/5=6x/5
25%of 6x/5=25/100×6x/5=3x/10
cost price of the bicycle for mr c=6x/5+3x/10
=12x+3x/10
=15x/10
according to the question
15x/10=1500
15x=1500×10
x=1500×10/15
x=1000
so the cost price of the bicycle for mr a is rupee 1000
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