He sold an article to Peter at 20% profit and Peter sold it to Mohan at 5% loss. If Mohan paid ₹ 912 for the article ; find how much did John pay for it?
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Let
Cp=₹100
Sp on which Peter buy it =₹120 (sold at 20% profit)
Now Peter sold it on 5% loss
Sp=cpx(100-loss%)/100
Sp=120x(100-5)/100
Sp=120x95/100
Sp=120x19/20
Sp=6x19
Sp=₹114
But according to question mohan pay ₹912 for it
So
One unit assumed =912/114
=8
So initial cp was =100x8=₹800
John pay ₹800 for it
This is ur ans hope it will help you in case of any doubt comment below
Cp=₹100
Sp on which Peter buy it =₹120 (sold at 20% profit)
Now Peter sold it on 5% loss
Sp=cpx(100-loss%)/100
Sp=120x(100-5)/100
Sp=120x95/100
Sp=120x19/20
Sp=6x19
Sp=₹114
But according to question mohan pay ₹912 for it
So
One unit assumed =912/114
=8
So initial cp was =100x8=₹800
John pay ₹800 for it
This is ur ans hope it will help you in case of any doubt comment below
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7
I have given u the example try to solve with this
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