Question

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​

Answer 1

Answer:

Mr. paid ₹ 1100 for it

Step-by-step explanation:

Amount of money Mr. C paid = ₹ 1500

When Mr. B sold it to Mr. C , Mr. B made a profit of 25%

Therefore, amount of money Mr. B paid

= 1500 - 25 % of 1500

= 1500 - (25 / 100 × 1500)

= 1500 - 375

= ₹ 1125

When , Mr. A sold it to Mr. B , Mr. A made a profit of 20 %

Therefore , amount of money Mr. A paid

= 1125 - 20 % of 1125

= 1125 - (20 / 100 × 1125)

= 1125 - 225

= ₹ 1100

Therefore , A ₹ 1100 for it.