Bob bought a bicyde 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:
answer 5000 bycycle profit
Answer: 17820
Given : Buying price of a bicycle is 15,000
To Find : Amount paid by Lia for buying bicycle.
Step-by-step explanation:
percentage, a relative value indicating hundredths of any quantity. One percent (symbolized 1%) is a hundredth; thus, 100 percent represents the whole and 200 percent represents twice the given amount. percent.
As we know from the given question that Bod bought the bicycle at 15000 Rs, So in accordance with that ,
10% of 15,000 will be 1500 .
So, Joel bought the same bicycle at a price of 15000 - 1500 = 13500
Now, after this Joel sold this bicycle to Bina at 20% of profit which will be,
20% of 13500 = 2700
So the amount of bicycle become 13500 + 2700 = 16200
Now again it was sold at 10% profit ,
So the buying price become = 10 % of 16200 = 1620
Hence lia paid 17,820 for bicycle.
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