A sells an article to B at a gain of 25%, B sells it to
C at a gain of 20% and C sells it to D at a gain of
10%. If D pays 330 for it, how much did it cost to
A?
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Answer:
Step-by-step explanation:
For the sake of simplicity let's assume the price of article initially is 100x.----(i)
So A sells it to B at 25% gain therefore cost price for B will be 125x. ----(ii)
Similarly, B sells it to C at 20% gain therefore cost price for C is 150x.----(iii)
Likewise, C sells it to D at 10% gain therefore cost price for D is 165x.--(iv)
Now as per the question cost price of article for D is 330 and as per us it is 165x.
Therefore, value of x= 330/165
x= 2
So the cost price of article for A can be determined by putting the value of x in equation (i) = 100 * 2 = 200
You can find the cost price for every person by putting the value of x in the respective equations.
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