Question

A bought a book for Rs. 1000 and sold it to B at a profit of 5%. B in turn sold it to C at a loss of 5%. The price at which C bought the book was: *
Rs. 997
Rs. 997.5
Rs. 900
Rs. 990​

Answer 1

Answer:

Rs 997.5

Step-by-step explanation:

• A sold at the profit of 5% = 5% of 1000

=1000/100 = 10

=10×5 = 50

so A sold it for 1000+50=1050rs

• Now the B sold it for loss of 5%

= 5% of 1050

1050/100

=10.50

=10.50×5

=52.5

so B sold it for 1050-52.5

= 997.5

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