Bob bought a bicycle for Rs. 15,000 last year and sold it to Joel at 10% loss. Joel then sold the bicycle to Bina at 20% profit and
Incorrect answer: 0
Determine how much Lia paid for the bicycle
Answers
Step-by-step explanation:
Joel's buying price= 15000- 10% of 15000(loss)
= 15000- 10/100×15000
=15000- 1500
= 13500
Now Bina's buying price= 13500+ 20% of 13500(profit)
= 13500+20/100×13500
= 13500+2700
=16200
to determine lia's buying price we need to know @how much profit/loss Bina sold.
Given : Bob bought a bicycle for Rs. 15,000 last year and
sold it to Joel at 10% loss.
Joel then sold the bicycle to Bina at 20% profit and
Bina sold it to Lia at 10% profit.
To Find : how much Lia paid for the bicycle.
Solution:
Bob paid for cycle = Rs 15000
sold it to Joel at 10% loss.
=> Joel Paid = 15000 - (10/100) 15000 = Rs 13500
Joel then sold the bicycle to Bina at 20% profit
=> Bina Paid = 13500 + (20/100)13500 = Rs 16200
Bina sold it to Lia at 10% profit.
=> Lia Paid = 16200 + (10/100)16200 = 17820 Rs
Lia paid for the bicycle. = 17820 Rs
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