Question

P sells an Article to Q at 10% profit . Q sells it to R at 25% profit if R says $250 for it what did P pay for it

Answer 1

Answer:

For 2nd sale

Q sells R at 12% profit

so 112%=246.4 rs (cp+profit=sp) cp=cost price sp=selling price

1%=2.2 rs

100%=220 rs

1st sale

P sells Q at 10% profit

So 120%=220 rs

1%=2.2 rs

100% =200 rs

So p paid 200 rs