Manoj bought a mixer for ₹ 1600 and sold it to Rajan at a profit of 5%. Rajan sold the same Sandeep at a profit of 10% How much did Sandeep pay for the mes?
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- Manoj brought mixer for 1600Rs.
- Manoj sold mixer to Rajan at 5% profit.
- Rajan sold mixer to Sandeep at 10% profit.
- Price at which Sandeep bought the mixer.
Manoj sells mixer to Rajan at 5% profit.
→ Buying price (Rajan) = 1600 + (5% of 1600)
ㅤㅤㅤㅤㅤ= 1600 + (5/100)(1600)
ㅤㅤㅤㅤㅤ= 1600 + 80
ㅤㅤㅤㅤㅤ= 1680 Rs
Rajan bought mixer at 1680Rs.
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→ Rajan sells Sandeep at 10% profit.
Buying price (Sandeep) = 1680 + (10% of 1680)
ㅤㅤㅤㅤㅤ= 1680 + (10/100)(1680)
ㅤㅤㅤㅤㅤ= 1680+168
ㅤㅤㅤㅤㅤ= 1848Rs
Hence , Sandeep bought mixer at 1848Rs.
Anonymous:
Cool :D
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Correct Question:
- Manoj bought a mixer for ₹ 1600 and sold it to Rajan at a profit of 5%. Rajan sold the same Sandeep at a profit of 10% How much did Sandeep pay for the mixer?
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Formula used:
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Required Solution:
Cost price for Manoj = ₹1600
⠀⠀⠀⠀⠀⠀⠀⠀He gain = 5%
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Now, cost price for Rajan = ₹1680
⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀He Gain⠀= 10%
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- Hence, Sandeep got it ₹1848
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