a farmer buys a tractor for ₹70000 and after using it for some time, he sells it at a loss of 5% to another farmer . he sells it after an year to the third farmer at a loss of 10% . find the price paid by third farmer.
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a farmer buys a tractor for 70000Rs
he sold it to another farmer at loss 5%
he it to third farmer at loss 10%
loss 5% =70000*5/100 = 3500
so first selling price is 70000-3500= 66500
loss 10%=66500*10/100=6650
so the second selling price is 66500-6650=59850
a farmer buys a tractor for 70000Rs
he sold it to another farmer at loss 5%
he it to third farmer at loss 10%
loss 5% =70000*5/100 = 3500
so first selling price is 70000-3500= 66500
loss 10%=66500*10/100=6650
so the second selling price is 66500-6650=59850
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