A sold an article to B at a profit of 2.5%. B sold the same article to Cat a loss of 10%. If
C paid 9.90 for it, how much did it cost A?
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Answer:
cost = 10.73
Step-by-step explanation:
Let the article be x.
With the profit of 2.5%=x+2.5x/100
With loss of 10% = = (x+2.5x/100)*10/100
=102.5x/100
Now new cost = 102.5x/ 100-102.5x/1000
=92250x/100000
=x=10.73
So cost=10.73
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