Ajay sold an article to Ankit at 23.33% profit but Ankit sold it to Raju at Rs 720. Raju sold this article to Ramesh at 5% profit. If now the CP of an article for Ramesh is 40% ,more the original CP(CP for Ajay). Then find the SP of article for Ajay
Answers
Answer:
666
Step-by-step explanation:
Ajay:Ankit:Raju:Ramesh
====30:37:40:42
40======720
1========18
37======37×18=666rupee
For Ajay, the item is being sold for Rs. 666.
Given:
The article was sold to Ankit from Ajay for a profit at 23.335
Ankit sold it to Raju for Rs 720.
This article was again sold to Ramesh by Raju at a 5% profit.
Cost price of an article for Ramesh is 40% more the original cost price.
To find:
The selling price of article for Ajay = ?
Solution:
If Raju bought the article from Ankit for Rs. 720 and sold it to Ramesh at 5% profit, Raju sold for 720 + 36 = Rs. 756.
Now if the cost price of this article is 40% more than the original cost price, that makes,
original cost price + 40%(CP) = 756
Let original cost price = a
a + 40%(a) = 756
a + (a) = 756
= 756
140 a = 75600
a = 75600/140
a = 540
a = original cost price =Rs. 540.
This means Ajay bought the article for Rs. 540
If he sold at 23.33% profit, then,
= 540 + 125.98
= 665.98
Cost price of the article to Ajay = Rs. 540
Selling price of the article for Ajay is 665.98 ≈ Rs. 666.
∴Selling price of the article for Ajay is Rs. 666.
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