A sells an article to B making a profit of 1/5 of his outlay. B sells it to C, gaining 20% . If C sells it for Rs.600 and incurs a loss of 1/6 of his outlay, the cost price of A is?
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Answer:
Cost Price of A is Rs.500
Explanation:
Given :
A sells an article to B making a profit of 1/5 of his outlay.
B sells to C gaining 20%.
C sells it for Rs.600 and incurs a loss of 1/6 of his outlay.
Let us assume the Cost price of A be Rs. x
According to the data given,
x * ( 1 + 1/5 ) * 120/100 * ( 1 - 1/6 ) = Rs.600
x * 6/5 * 6/5 * 5/6 = 600
x = 600*5 / 6 = Rs. 500
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