At what rate of interest should the money be invested?
2. Rahul sold a watch to Sohan at a gain of 10% and Sohan sold it to Mohan at a loss of
10%. If Mohan paid 990 for it, find the price paid by Rahul.
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Answer:
2. ₹1100
Step-by-step explanation:
Rahul sold to Sohan @gain of 10%= 110%
and Sohan sold this (110%) to mohan at loss of 10% (110x90/100 =99%)
if mohan paid ₹990 to sohan that means 99% of value is = 990
so ultimately we have to find out the Cost(CP) paid by Rahul 100% =?
if 99%=990
then 100%= ₹1100
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