Ganesh sold a tape recorder to Mahesh at a gain of 20%. Mahesh sold it.
to Ramesh for Rs. 672 on the profit of 12%. For how much did Ganesh
purchase the tape recorder ?
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this type of question can be done very easily using % method
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- At first we have to calculate the cost price of tape recorder for Mahesh when Ganesh sold the tape recorder at a gain of 20%. After that calculate the cost price of tape recorder for Ganesh.]
- Given in the question that,Mahesh sold the tape recorder to Ramesh for Rs. 672 on the profit of 12%.
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