Question

A machine is sold by A to B at a profit of 10% and then B sold it to c at a profit of 20% .if C paid Rs 1200 for the machine , what amount was paid by A to purchase the machine?

Answer 1

Answer:

The amount paid by A to purchase the machine is Rs909.09

Step-by-step explanation:

Cost Price: The price at which an item must be produced or purchased is referred to as the item's cost. The cost price is denoted by the letter C.P. Cost price is the cost at which a retailer or merchant purchases or has purchased items.

It is the cost a store owner charges a consumer for a thing or commodity.

Selling Price: The selling price is the cost at which an item is offered for sale. The selling price is denoted by the letter S.P. It is the cost a store owner charges a consumer for a thing or commodity.

If an item's selling price (S.P.) is higher than its cost price (C.P. ), the difference between the two is known as the item's profit.

Let the Cp of the product for A be Rs100

If the Machine is sold at 10% profit by A to B, The Selling price would be $=100+10 Percent\\= 110$

If the Machine is sold at 20% profit by B to C, The Selling Price would be

$= 110+20Percent\\=132$

Since C paid Rs 1200 for the Machine, We can Equate 132 with Rs1200

Therefore the Cost Price for A would be

$=1200*100/132\\=909.09$

Hence the amount paid by A to purchase the machine is Rs909.09

For more details on Essay Writing, https://brainly.in/question/28301617

#SPJ1

Answer 2

A paid ₹ 909 for this machine.

Step-by-step explanation:

According to the question,

If B sells to C.

Cost price = x

profit = 20%

Selling price = 1200

Then

x×120/100=1200

x=1200×100/120

x=₹1000

B paid for this machine = 1000

If A sell to B.

Cost price =y

Profit % = 10%

Selling price = 1000

Then

x×110/100=1000

x=1000×100/110=909₹

So, A paid for this machine only 909₹.

To learn more related questions click on the given link

https://brainly.in/question/13131918

#SPJ2