Question

A farmer buys a tractor for Rs. 70000 and after using it for

some time , he sells it at 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.

Answer 1

for 1st farmer cp=70000
sp= (95/100)*70000=66500

For 2nd farmer cp=66500
sp=(90/100)*66500=59850

For 3rd farmer cp=59580 (answer)
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