Question

A sells an article to B at a profit of 20%, and B sells it to C at a loss of 10%. If C pays 1216
for the article, find the cost price for A.
18. A sold an article to B at a loss of 20%, and B sold​

Answer 1

Step-by-step explanation:

suppose, B bought the article for 100

at 10% loss, tge cost is = 100-10 =90

if,

C bought it on 90 the cost for B is 100

C bouhgt it on 1 the cost for B is 100/90

C bought it on 1216 the cost for B is (1216×100)/90

=1351.11

it is 20% profit for A

at 20% profit A sold it on = 100+20

=120

If,

120 cost for B it cost for A 100

1 cost for B it cost for A 100/120

1351.11 cost for B cost for A (1351.11×100)/120

=1125