Dharma bought a cycle for 960 and sold it to Karma at a profit of 25/2 % Karma sold it to Narma at a profit of 10%. For how much did Narma get the cycle ?
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Answer:
Dharma's cp=960
and gain %=25/2%
then sp=cp(100+gain%)/100
sp=960(100+25/2%)/100
sp of dharma=1080
now sp of dharma =cp of narma
then cp of narma =1080
profit=10%
then sp=1188
hence narma get the cycle worth rupees 1188
Answered by
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Given :
Cost price of a cycle : ₹960
Profit percent of Dharma : %
Profit percent of Karma : 10%
To find :
The cost paid by Narma to but the cycle.
Solution :
First, we should find the selling price of Dharma. We know that the selling price of Dharma is same as the cost price of Karma.
Selling price of Dharma :
Now, we should find the selling price of Karma. We know that the selling price of Karma is same as cost paid by Narma.
Cost paid by Narma :
Hence, the cost paid by Narma to get the cycle is ₹1188.
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