A farmer buys a tractor for ₹70000 and after using it for some time ; he sells it a loss of 5% to another farmer. He also sells it after an year to the third farmer at a loss of 10%.find the price paid by the third farmer.
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Step-by-step explanation:
for 1st farmer-
C.P = RS 70000
S.P = (95/100)×7000=66500
for 2nd farmer-
C.P= 66500
S.P=(90/100)×66500=59850
for 3rd farmer-
C.P= 59850
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