Question

A sells an item to B at a loss of 20%. B sells the item to C at a loss of 20% again. C sells the item to D at a loss of 20% again. Finally, D sells the item back to A at the same price at which A had originally bought the item. What was D’s percentage of profit? Round off your answer to two decimal places.

Answer 1

Step-by-step explanation:

A sells to B an item at 20% profit. B sells the same item to C at 25% profit. If C pays Rs. 1950 for it. What is the price at which A bought the

Rs. 1300For A, let's assume cost price of item is X Rs.Since A sells item to B at 20% profit

∴ Cost Price for C = Selling Price for B = 1.2X+25% of 1.2X=1.5X