A bungalow is sold by A to B, at a profit of 10% and by B to C, at a loss of 10%.
If C, pays Rs.9,80,100 for it, what did the bungalow cost A ?
Answers
Answer:
Step-by-step explanation:
If B sells the Bungalow to C for ₹9,80,100 at a loss of 10%,
The cost at which B buys for A = x- (10/100 × x) = 980100
= 100x-10x/100 = 980100
= 90x = 980100×100⇒x= 980100×100/90
x=₹10,89,000
Therefore, B sells the bungalow to C for ₹10,89,000
The original cost of the bungalow with A= y + (10y/100) = x
= 110y/100 = 1089000
= 11y = 10890000 ⇒ y= 10890000/11
y = ₹9,90,000
Therefore, the original cost of the bungalow with A is ₹9,90,000
Answer:-
Let the CP of the bungalow when it is with A be Rs. x.
Given:-
A sold it to B at a profit of 10%.
We know,
SP = CP × (100 + profit%) / 100
⟹ SP = x * (100 + 10) / 100
⟹ SP = 110x/100
⟹ SP = 11x/10
And also given that,
B sold it to C at a loss of 10%.
and , SP = Rs. 9,80,100.
Here,
The price at which the bungalow is sold to B will be the cost price.
We know,
CP = SP × (100/ 100 - loss%)
⟹ 11x/10 = 9,80,100 × (100/100 - 10)
⟹ x = 980100 × 10/11 × 100/90
⟹ x = Rs. 9,90,000
∴ The Initial price of the bungalow is Rs. 9,90,000.