Question

Mr a sale a bicycle to Mr b at a profit of 20 percent and Mr be sale to Mr seat up at 25% if Mr C pay Rs 15,500 what did Mr a pay for it ​

Answer 1

The correct question is:-

Q) Mr.A Sells a bicycle to Mr.B at a profit of 20% and Mr.B sells to Mr.C at a profit of 25%. if Mr.C pays Rs.1500, what did Mr. A Pay for it?

Answer:

Step-by-step explanation:

The cycle of purchasing the bicycle goes like this:-

A→→→→→B→→→→→C

But in order to solve this question easily, let us start from the last part instead of going for the first part!

Now, the cycle we need looks something like this:-

C→→→→→B→→→→→A

Here, CP for Mr.C is SP for Mr.B=RS.15,000

Profit for Mr.B=25%

So, CP of the bicycle when Mr.B bought it=SP*100/100-Gain%

=15,000*100/100-25

=15,00000/75

=60,000/3

=20,000

Now, Mr.A's SP is Mr.B's CP=RS.20,000

Profit for Mr.A=20%

Now, CP for Mr.A=SP*100/100-Gain%

=20,000*100/100-20

=20,00,000/80

=200000/8

=50000/2

=25,000

So, Mr.A paid RS.25,000 for the bicycle.

Answer 2

Concept : CP + (CP × Profit %) = SP

Mr. B's sold bicycle to Mr. C at Rs 15500, then SP for Mr. B is Rs 15500.

CP + (CP × 25%) = Rs 15500

CP + (CP × 25/100) = 15500

125/100 CP = 15500

CP for Mr. B = 15500 × 100/125 = Rs. 12400

This means that Mr. A sold bicycle to Mr. B at Rs 12400, then CP of Mr. A will be,

CP + (CP × 20%) = 12400

CP + 20/100 CP =  12400

120/100 CP = 12400

CP for Mr.A = 12400 × 100/120 = Rs. 10,333.3

Mr. A paid ₹ 10,333.3 for that bicycle.