Question

Amal sells an article to bimal at profit of 30 % & 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:

amal pays Rs 500

Step-by-step explanation:

The amount bimal paid for the article

bimal sells it to shyamal at a loss of 20 %.shyamal pays Rs 520

hence make use of cross multiplication to get the amount bimal buys the article for

100 - 20 = 80 ( because of the 20% loss)

80 : 520

100 : x

x is the original amount bimal bought the article for

80x = 52000

hence x = 650

the price bimal paid for the article is Rs 650

The amount Amal bought the article

Amal sells an article to bimal at profit of 30 %

hence this is 100 + 30 = 130%

now use cross multiplication

650 : 130

 y     : 100

y is the amount amal paid

65000 = 130y

hence y = 500

Amal paid Rs 500

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