A sells a good to B at a profit of 20% and B sells it to C at a profit of 25%.If C pays Rs 222 for it, calculate the cost price for A is
Answers
Answered by
3
Let Suppose cp for A is 100rs
Sp =Cp+profit
100+100×20/100
100+20= 120 rs
Now 120 rs is cp for B
Cp+ profit margin
120+25%
120+120×25/100
120+30=150rs
Sp will 150rs
If 150 pay the cp is 100
If paid 1 the cp is 100÷150
Therefore 225×100÷150=150 rs
Similar questions