Arun's father bought a watch for Rs 800. He made a profit of
Rs 32 by selling it to Mahesh's father. For how much did Arun's
father sell the watch?
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Answer:
After selling two articles a person gains the cost price of three articles.
According to the question
2 × SP – 2 × CP = 3 × CP
⇒ 2 × SP = 3CP + 2CP
2SP = 5CP
SP : CP = 5 : 2
Suppose CP = 2 unit
SP = 5 unit
∴ Profit percentage = [(5 – 2)/2] × 100 = 150%
Step-by-step explanation:
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