Question

monica sold a saree to kanika at a profit of 4%.kanika sold a same saree to pallavi at 5% gain. if pallavi paid rs 5460 for the saree then find the price at which monika purchased the saree?

Answer 1

let x be the price at which Monica bought saree
so,the selling price=104/100 of x
now the selling price for Monica= the cost price for Kanika
the selling price for Kanika=105/100 ×104x/100
now the selling price for Kanika=the cost price for Pallavi
so
105/100×(104x)/100=5460
21/10×(26x)/25=5460
26x/25=5460×10/21
26x/25=2600
26x=2600×25
×=2500
hope that helps you