A sold a watch to B at a gain of 10% and B sold it to C at a loss of 10%. If C paid rupees 2970 for it , find the price paid by A ?
Answers
Answer:
2940.3
Step-by-step explanation:
B sold to C at a loss of 10%= 2970
= 2970x 10/100
= 297
B purchased the watch for 2970+297= 3267
A sold the watch to B at gain of 10/100
= 3267x10/100
= 326.7
Therefore cost of watch paid by A 3267-326.7
= 2940.3
The price paid by A is Rs. 3000
Given :
- A sold a watch to B at a gain of 10% and B sold it to C at a loss of 10%
- C paid rupees 2970 for it
To find :
The price paid by A
Solution :
Step 1 of 2 :
Form the equation with given data
Let price paid by A = Rs. 100x
Since A sold a watch to B at a gain of 10%
So gain amount by A = Rs. 10x
Selling price by A
= Rs. 100x + Rs. 10x
= Rs. 110x
B sold it to C at a loss of 10%
So loss amount by B
Selling price by B
= Price paid by C
= Rs. 110x - Rs. 11x
= Rs. 99x
So by the given condition
99x = 2970
Step 2 of 2 :
Find price paid by A
99x = 2970
Hence price paid by A
= Rs. 100x
= Rs. 100 × 30
= Rs. 3000
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