Question

Arun sells an article at 20% profit to Bala, Bala sells it to
Catherine at 10% profit. Catherine sells it to Dinesh at Rs. 16 profit.
The difference between the cost price of Dinesh and cost price of Arun
was Rs. 500. How much did Bala pay to Arun for the article?

Answer 1

Answer:

Rs. 1815

Step-by-step explanation:

Initial cost- x

• Arun sells an article to Bala at 20% profit = x+20%= 1.2x

• Bala sells it to Catherine at 10% profit = 1.2x+10%= 1.2*1.1x= 1.32x

• Catherine sells it to Dinesh at Rs. 16 profit. = 1.32x +16

The difference between the cost price of Dinesh and cost price of Arun

was Rs. 500:

• 1.32x +16-x= 500
• 0.32x=500-16
• 0.32x=484
• x=484/0.32
• x= Rs. 1512.5

How much did Bala pay to Arun for the article:

• 1.2x= 1.2*1512.5= Rs. 1815

Answer is: Rs. 1815

Hope it helps