Question

A sells a bicycle to B at a profit of 20 percent and B sells it to C at a profit of 5 percent. If C pays Rs.1500, what did A pay for it

Answer 1

Here is your answer.

C pays 1500 rupees for bicycle

But B sell it to C at a profit of 5 %

It means that 1500 rupees are equal to105 % of the cost price of B

If 105 % = 1500 then 100 % is

1500 ÷ 105 × 100 = 1428.57

It means B pay for the bicycle is 1428.57

But A sell it to B at a profit of 20 %

It means that 1428.57 is equal to the 120 % of the cost price of A.

If 120% is equal to 1428.57 then 100 % equal is

1428.57 ÷ 120 × 100 = 1190.47

It means that A pay for bicycle 1190.47 rupees.

I hope it's helpful for you . Thank you