Question

Naveen purchased a cycle at cost of rupees 2000 and sold it to Ram at 20% profit. Now Ram spent rupees 100 for its repair and sold to John at 10% loss. Find the cost price of John.

Answer 1

20% profit is nothing but 400 rupees profit

so, he sold it at 2400 rupees

Ram spent 100 so total is=2500 rupees

10% loss is 250 loss

so answer is 2250 rupees