A sold an article to b at a loss of 20% and B sold it to C at a profit of 20% .if A had sold the article for the price C paid what would be his loss or gain percent.
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WvaishAce
C's cost price=B's selling price
B sold it at a gain of 20%
therefore B's Cost price=(100*Selling price)/(100+profit%)
= (100*6000)/(100+20)
= 600000/120
= 5000
B's Cost price=A's Selling price
A's cost price=(100*Selling price)/(100-loss%)
=(100*5000)/(100-20)
=500000/80
= 6250
Thus,A's Cost price=Rs.6250
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