A sells an article to B at a profit of 5%. B
sells the se to C for *3213 thereby making a profit of 2% .What did A pay for it?
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For B, 102%=3213 $
or, 1% = 3213/102$
or, 100%= 3213×100/102 $= 3150 $
That means A sold the article to B for 3150 $
It also means,
For A,
105%= 3150 $
or, 1% = 3150/105 $
or, 100% = 3150×100/105 $ =3000 $
That means A paid 3000$ for it.
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