Example 15. A sold a table to B at 25% profit. B sold the same table to C for Rs. 480 by making a profit of 20%. Find the price at which a had purchased the table. Let the price at which A had purchased the table
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i thick this is right explation
Step-by-step explanation:
Selling price of the table = Rs 65 .
Profit = 25%
Therefore cost price = 100100+25×65=100125×65=45×65=4×13=52
Selling price of A = Rs 52.
Therefore, cost price of A = 100104×52=1002=50
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