A sold an article to b at a loss of 20% and B sold it to C at a gain of 20% if C paid Rupees 6000 for the article find the cost price of the article for A
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Answer:
Step-by-step explanation:
B's SP = C's CP = Rs 6000
gain%= 20%
B's CP = 100/100+gain% * SP
= 100/120 * 6000
=Rs 5000
B's CP = A's SP = Rs 5000
loss% = 20%
A's CP = 100/100 - loss% * SP
= 100/80 * 5000
=Rs 6250
therefore the cost price of the article for A = Rs 6250
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