Harish mouth a cycle for rupees 960 and sold it to Subramanyam at a profit of 5%. Subramanyam sold it to Mukul at a profit of 10%.find the money paid by Mukul for the cycle?
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C.P. OF the table(harish's cp)=Rs.960
Profit=5% of C.P.=960*5/100=Rs.48
S.P. of the table(harish's sp)=Rs.960+Rs.48=Rs.1008,
which is equal to C.P. of Raman.
Raman's profit percentage=10%
Profit=10% of C.P.=1008*10/100=Rs.100.8
S.P. OF the table(raman's sp)=Rs.1008+Rs.100.8=Rs.1108.8,which is equal to the money paid by nakul.
Answer=Rs.1108.8
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