Motorcycle passes through the hands ofthree dealers each dealers has a profit of 10% if the cost price of the first is 10000 find the CP of the third person
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Answer:
SP= cpx (100+gain percent/100)
10000x(100+10/100)
10000x (110/100)
10000x11/10
11000
second dealer,
CP=11000
SP=11000x(100+10/100)
11000x(110/100)
11000x11/10
12100
therefore, the cpof third dealer is 12100
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