Question

Amal sells an article to bimal at a profit of 30% and bimal sells it to shyamal at a loss of 20%, if shyamal pays Rs. 520 for it, at what price did Amal buy?

Answer 1

Answer:

Step-by-step explanation:

Let the Actual Price be x

Amal sold it at 30% profit Therefore it is 1.3x

Bimal sells it at 20% loss to shyamlal

= 1.3x -0.2(1.3x)

= 1.3x - 0.26x

= 1.04x

Given 1.04x = 520

x = 500

Amal Bought it for 500

Hope it Helps