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.
Determine how much Lia paid for the bicycle.
Answers
Answer:
bicycle brought for Rupees= 15,000
Bob sold it to the Joel at 10% loss
=10%of 15,000 is 1500
15000-1500 = 13,500
and then Joel sold it at 20% profit to bina
=20%of 13500 is 2700
13500+2700 = 16,200
and then Bina sold it to lia at 10% profit
=10% of 16,200 is 1620
16200-1620 =14,580
liya paid 14,580 for the bicycle
I hope this is helpful to you
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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