Abhishek sells a taperecorder to Rohan at a gain of 10%. Rohan sells it to Sambhav on a 15% gain. If Sambhav pays Rs. 5060 for it, how much did it cost Abhishek to buy the taperecorder.
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Step-by-step explanation:
▪️At 15 % gain,
▪️Selling cost 100 + 15 = 115
▪️Costs 100 when sp 115
▪️ 1 115/100
▪️5060 (115×5060)÷100
▪️= 5819
▪️At 10 % gain, sp, 100+10=110
▪️Sp 110 when cp 100
▪️ 1 100/110
▪️5819 (100×5819)÷110
▪️=5290.
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