George buys a table and sells it to Lenin for ₹900 making a profit of 20 percent of Lenin sells it to Sam at a loss of 20 percent find the CP for George and Lenin
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Answer:
CP f table for George = X
SP = 900 RS
Profit =20% =X * 20/100 = X/5
SP = X+X/5 = 900
= 6X = 900*5 = 4500
X = 4500/6 = 750 RS = CP FOR GEPRGE
Now,
SP F GEORGE = CP F LENIN = 900 RS
LOSS = 20% = 20/100 of 900
1/5 * 900 = 180
CP for SAM = 900-180 = 720 RS
Step-by-step explanation:
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