Question

A sold a calculator to Bat 20%profit.B sold it to C at 5% profit. If c paid 441find the cost price

Answer 1

A sold a calculator to Bat 20%

Let price be x

cost price + profit Percentage

x + 20%(x)

x + 0.2x

1.2x

Selling price of A to B = 1.2x

it will be the cost price of B to C

profit.B sold it to C at 5% profit.

(1.2x + 5%(1.2x))

(1.2x + 0.06x)

(1.26x)

c paid 441

so..

1.26x = 441

x = 441/1.26 = 350


cost price = 350