Question

A sells an article to B at a gain of 10% and B sells it to C at a loss of 3%. Find how much did A pay for it, if C pays 423/-​

Answer 1

Step-by-step explanation:

Net gain is given by 10 + 5 + (10 x 5)/100 = 15.50%

Now, CP can be computed if, and only if Selling Price of B is known.

=> Data inadequate to answer question.

Assuming SP of B is Rs 23,100, we can conclude CP of A is 23100/115.50 x 100 = 20,000.

:-)