Manoj purchased a video for 10000. He sold it to Rakesh at a gain of 12.5% .If Rakesh sells it to Rahul at a loss 4% what did Rahul pay for it
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10000×9/8 = 11250
11250×24/25= 10800
hence rahul paid rs 10800
12.5% is 1/8 and at profit therefore (1+1/8)
4% is 1/25 and at loss therefore (1-1/25)
11250×24/25= 10800
hence rahul paid rs 10800
12.5% is 1/8 and at profit therefore (1+1/8)
4% is 1/25 and at loss therefore (1-1/25)
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