Gopi sold a watch to Ibrahim at 12% gain and Ibrahim sold it to John at a loss of 5%. If John paid Rs. 1,330, then find how much did Gopi sold it?
Answers
Answered by
6
Answer:
Step-by-step explanation:
Gain = 12%
Cost price of watch for John = 1330
Let the cost price for Gopi = 100
Selling price for Gopi = 100 + 12/100 × 100
= 100+12 = 112
Loss to Ibrahim = 5%
Selling price for Ibrahim = 112 - 5/100 × 112
= 106.4
Thus for 100 the loss is = 106.4
For 1330 = 1330 / 106.4 × 100
= 1250
Therefore, selling price for Gopi = 1250 [ 100+12 / 100]
= 1400
Answered by
1
Answer:
Step-by-step explanation:
Gain = 12%
Cost price of watch for John = 1330
Let the cost price for Gopi = 100
Selling price for Gopi = 100 + 12/100 × 100
= 100+12 = 112
Loss to Ibrahim = 5%
Selling price for Ibrahim = 112 - 5/100 × 112
= 106.4
Thus for 100 the loss is = 106.4
For 1330 = 1330 / 106.4 × 100
= 1250
Therefore, selling price for Gopi = 1250 [ 100+12 / 100]
= 1400
Similar questions