geeta buys a knitting machine for Rs.16000 .She sell it to reeta at a loss of 9%reeta further loses 7% and sell it to sita. What is sita's cost price of the machine ?
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Given:
Cost = 16000 Rupees
Loss = 9 %
Another loss = 7 %
To find:
The cost sita buys the machine.
Solution:
Selling price = Cost price - loss
Hence,
16000 * 9 / 100 * 16000
16000 - 1440
Selling price = 14560 Rupees
Sita buys at = 14560 * 7 / 100 * 14560
Hence,
Sita buys at = 16540.80 Rupees
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