Mr . A sells a bicycle to Mr . B at a profit of 20% and Mr . B sells it to Mr . C at a profit of 25% If Mr . C pays rs 1500, what did Mr .A pay for it
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Answer:
1000 rs
Step-by-step explanation:
The CP is 125 for C, when CP for B is 100.
So, CP is 1500 for C, when CP for B = 100*1500/125
= Rs 1200
Similarly The CP is 120 for B, when CP for A is 100.
So, CP is 1200 for B,
when CP for A = 100*1200/12
= Rs 1000
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